Some concerned readers - or shareholders - wonder how the current course should be interpreted. Yesterday, on our holiday in Germany, there was a Reuters report in the Netherlands, which affects the share price.
For the old shareholders and the future new majority owners, there are now tough negotiations. Yesterday, Swedish Automobile announced current negotiations with Zehjiang Youngman Lotus Automobile and Pang Da over a lower price per share.
In plain language: The Chinese play poker. Because our friends from the Far East have the better cards. More shares that will come over a new issue are more shares for the same money. This reduces the shares of the former owners and significantly increases the number of SWAN shares in circulation.
The consequence: The stock price falls, because the stock market is (almost) always a bet on the future. Thus, the price of 1.20 € on the 29.09 has grown to 0.86 €.
So we don't have to worry, unless - Hmmm - we have SWAN shares. But, as I have always said, the paper is speculative.