Comment / On the wires: DSV drops to new low but sell-side unfazed. Deal coming?

Some late summer warmth for the bears as Danish forwarder DSV hit a new 52-week low on Tuesday, closing at Dkr948. And another today: Dkr921.4.

The FedEx shockwaves haven’t subsided and today is the Federal Reserve’s day, with the expected 75 basis-point hike… so… how bad is it, really?

For the record, DSV last spring valued Agility GIL at Dkr1,299.5 in its own stock, and now that level seems far, far away. Unreachable.

Or is it?

Having already explained in the past week or ...