RE:How can Largo stop the bleeding?kha341 wrote:
The total $ market value of Largo has declined in such a large number in only just 33 trading days that it could make your head spin. In fact Largo’s market cap has dropped 36% of its value or ~C$492 million from Aug 10 2021 (closing sp = C$21.08) to Sept 23 2021 (closing sp = C$13.47).
If Arias ownership = 46% of Largo then he just lost ~C$226 million on paper from Aug 10 2021 to Sept 23 2021. Expect you, Mr Arias, to do something fast to turn this company around. Perhaps some drastic changes in the corporate culture and / or senior executive team among other things?