New Princes plummets on the stock exchange

Sometimes I agree with Mastrolia, as, for example, on the short-sightedness of leading brands. On this subject, I find he is absolutely right.

Sometimes, however, I have proved him wrong: on the restructuring of the Carrefour network I found him a little too optimistic.

In the meantime the share price has plummeted.

Perhaps it is due to fears that the Carrefour Realco ‘morsel’ may become too big, difficult to digest, manage and control: NewPrinces nearly -30% on the stock market in two days: the thud after approaching Realco.