Orpea: further decay of -21% towards 16.7E


(CercleFinance.com) – Orpea is the victim of a new disintegration of -21% towards 16.6E, a level not seen since March 2005: the valuation of the share fell to 1MdE, that is to say a division by more than 6 in 1 year. .. which seems to mark a definitive loss of the link between the price and the asset value.
The breakout of the major support at 20/19.7E (September 2008) induces a downside potential that is very difficult to quantify: there is no longer any support, there is no longer any benchmark in terms of valuation.

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