interestingly, companies such as Bristow and PHI have had 'relatively' stable share prices over the last 12 months albeit slightly downward trend. Take a look at CHC though. Something seems off. In the last 12 months theyve dropped from the $10 isssue price to a low today of $1.87
Surely if a company stock plummets like this, it has to be looked at closely for another reason if other similar companies arent suffering the same? I know the company was going to sell more shares at the end of last year but is it possible that the share price can be pulle down and then the buyer can purchase a lot of shares at a much lower price?
They csnt just say the oil price is causing this???
I'd have thought there may be a suspension of stock trading when share value falls so fast? What about management? Shouldnt they be replaced if they are in control (or not) of a drop in company value like this. Doesnt exactly instill confidence.