How much lower can it go? Maybe it will be delisted and become a penny stock?
The only bad thing about this is that Lawrie probably cashed out before this and still has his millions. Good luck Salvino.
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Stock price really means nothing. A company can be doing great some turmoil happens in the country or would and the price drops. What matters is how well we are serving our customers and the cash flow . We don't have a cash flow issue with all the loans and bonds that we have in place right now
How much lower?
It's clear, it can drop to junk status. Covid-19 aside, WalletInvestor has predicted this collapse for many months now - https://walletinvestor.com/stock-forecast/dxc-stock-prediction
I just feel for those left behind in this broken organisation, which has recently revealed the true face of capitalism. People count for nothing, and the Emperor's clothes are being seen for what they are. Transparent...