$0.925 now .... yeah, still not tempted.
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$0.925 now .... yeah, still not tempted.
Day traders getting slaughtered atm !!
The Morningstar report was done 9 March, just as COVID was starting to become pandemic - if they wrote the report today, maybe 23c
It's a zero. Current shareholders equity is negative.
reminds me of the finance sector collapse. people seduced by the high dividend yield. no dividends for years now the govt will milk there loan for years. i mean 8 - 9% loans lol why would you ever want air to pay it back
Its all going to end badly for minority shareholders. Soon they will be trading while insolvent. Then the govt will have to capitaiise those loans as preference shares at a fixed rate. This is a prelude to nationalisation.
So the first skittle has fallen which company is next . Some distressed ultra low cap raises coming.How about AIA.