Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
This fall, so far today, is not a RR one but simply a market one. When you look at the percentage reductions, RR is not massively bad...
https://uk.investing.com/equities/united-kingdom
This fall in SP was a result of an emotional interpretation of the status of RR by the CEO. Clearly, he intends to rectify the practices and strategy which the company has, presumably, been using for a number of years. He didn't have to be so blunt and could have been more subtle in the use of language but he has recognised that changes must be made and that is positive. The SP is now stabilising and hopefully will rise based upon the reality of orders as opposed to sentiment.
Initially I looked at the positivity of his statement ie expressing the reality in a way which demonstrates criticism and if you criticise it means you have an alternative method of progressing and since his appointment he's had plenty of time to evaluate the company.
Hi could have used more subtle language through but he is determined to move forward.
Our new CEO, Tufan Erginbilgic I would imagine will make an inaugural statement at some point which will hopefully be an auspicious strategy for future progress.
I don't imagine it will entirely contradict East's but it is an opportunity to express his own plans to enhance RR's performance.
https://simpleflying.com/emirates-president-boeing-777x-test-program-paused-ge9x-issues/