Ocado

The Evil Diaries: “Not much subtlety there”

The Evil Diaries: “Not much subtlety there”

1 mins. to read

Glencore (GLEN) may have raised £1.6bn at 125p thus inducing the market to judge that 125p is a floor. I doubt it. Ocado (OCDO), 317p, shows no sign of getting anywhere near justifying its current capitalisation. For a long time the price was held up by the notion that Amazon would bid. But it was…

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