So a company's share price drops and the news headlines "millions knocked off xxx's value" - but what really is the effect of the share price change? OK the company might have had some bad news but the share price itself doesn't change the company's balance sheet or basic operation. So is it all about confidence and borrowing rates?
Similarly RMG isn't any more or less of an operation because the share
price has gone up.
Just curious - thanks.
- posted 6 years ago