ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Wonder if this will affect GFV’s.
Seems to be getting worse....
Aston Martin losses ‘nothing short of a disaster’
Aston Martin slid to a £78.8m ($95.8m) loss in the first half of the year before tax, suffering from lower-than-expected sales and average selling prices.
Shares in the iconic Britis car manufacturer slid 17% in early trading on Wednesday after it reported the losses, after seeing more than two-thirds of the value of its shares wiped out since last October.
Demand in Europe, the Middle East and Africa has slumped, down by almost a fifth in the first half of the year in spite of a turnaround plan launched in 2014.
“Aston Martin's latest numbers are nothing short of a disaster ... as the pre-IPO optimism of late last year has become a distant memory, with investors undergoing a significant reality check," said CMC Markets analyst Michael Hewson.