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ARGGY - Aston Martin: Dealt Great Cards Now They Need To Play The Hand Better
Aston Martin Lagonda Global Holdings PLC ADR
Aston Martin (ARGGY) has just parted company with CEO Andy Palmer on 26th May. This is perhaps no surprise as the shares have fallen from £19 on float to lows of 35p, destroying 94 percent of shareholder value along the way. The New Executive Chairman has swept a new broom but i believe that the new CEO (set to be Tobias Moers from Mercedes) has a set of great cards to play and it's now down to them to play the hand well.
Aston Martin recently reported their 1st quarter 2020 results,