>>> Renault - Good Timing Mr Macron...will cost 250mil to French State...

>>> Renault - Good Timing Mr Macron...will cost 250mil to French State...

French State bought 5% stake in Renault in April around the 90's levels....on the 30/7 he said to Le Monde, he was planing to sell this stake {NSN NSAYLO6JIJUX<Go>}, placement didn't come yet....stock is trading 25% lower...stock started to trade after this interview...better to sell first and talk after...

5% is worth 1bil...easy calculation....