- The company's recent reverse merger of shares can suggest a massive price recovery: read the charts with caution!
- I remain of the opinion that the shares are overvalued relative to the business prospects.
- But I outline specifically what I am looking for as evidence of a turnaround in the futures.
- With full-year results next month the company will be able to show its progress (or otherwise) on the key questions.
- For now, in the absence to date of clear evidence of the right recovery, I would not invest. But the full year results may resolve some concerns.
For further details see:
Aston Martin: Looking For Concrete Signs Of Business Improvement