Quote:
Originally Posted by Columbus
Not much evidence of SMART financial planning at Aston Martin lately - their bold second century product plan wiped 75% off the company’s stock value!
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I posted something akin to this just now in the Hypercar thread. You're right on the money. Not only sacrificed stock value but reduced liquidity to levels which required contingent debt obligations to meet liquidity needs. No contingency plan if things didn't work out. The "Second Century Plan" always made me chuckle.