7Mon·

Invested, earning profits in the medium term?

Had researched a few months ago and. $ETL (-4.53%) placed an order and now entered the market for €2.90.

I think something will happen again.

3 Comments

Chris@Multibagger

7Mon

Did you research why it has lost around a third of its value in the last month before entering the market?

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jkb92@jkb92

7Mon

I also put in a small position at 2.86. In view of Merzcron's plans for more European independence, I thought it was worth a try.

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#TechNerd1337@TechNerd1337

7Mon

a major shareholder with a 5.4% stake in Eutelsat has sold all his shares at a discount (3.00 at a price of 3.48) and taken a loss of 300m.
i see the future of eutelsat rather less rosy, especially as they are largely in the civil business...

i would rather buy at 1.2-1.3 as a gamble share in case they come back, they still have to fulfill the IRIS project of the EU, but they also need fresh investors...

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