Avon Protection PLC (AVON) single day 52% price drop

  • Justified
  • Overreaction

0 voters

52% share price drop in a single can sometimes be justified and at other times be over reaction. Avon is not a momentum stock but make no mistake the news that came out today was devastating but other companies have released worst news and Mr market went easy on them, so i thought to create this poll to gather what people think?

Completely justified drop they didn’t perform after some serious investment and time.
If you look at what their competitors are doing you can see pretty clearly this was probably their best shot.

https://graphenecomposites.com/

Check out the video of a UN sniper round test it’s pretty amazing.

1 Like

I got a private message to say the poll is closed when it’s meant to be open. Are people seeing this as on open or closed poll, DM a screenshot if possible?

1 Like

And they’ve done it again, down 15% today and almost 75% for the year!

So they’re now in net debt with an operating loss and respond to that by hiking the dividend 30%.
Am I missing something or is that giving money you don’t have?!

A case of wonderful business run by unintelligent people is how Warren often likes to phrase

Following their strategic business review, are they selling the amour business or just winding it down with proceeds?

1 Like

21% drop in a single day obviously for a good “reason”, hopefully a patience minded PE would be watching closely