I am surprised to see one of my friends kept holding onto AIR after I mentioned this would happen. I dare not ask him how he is doing today, as this would rub salt in the wounds. He bought lots around $1.40-1.45.
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I am surprised to see one of my friends kept holding onto AIR after I mentioned this would happen. I dare not ask him how he is doing today, as this would rub salt in the wounds. He bought lots around $1.40-1.45.
Theoretically they should be a BBB which is the same as Contact or Meridian etc but somehow I don't think they'll get an issue away anywhere near the spread a power company would...why would any sane person own AIR debt at 4.5% instead of a power company that is also 51% Govt owned with far more stable cashflows.
Need at least 6%+ yield imho given agree the Govt will continue to underwrite the situation
they have to milk the punters to ever pay a good div again with that many shares on issue
In answer to someone's question re a consolidation at some stage. Yes there will be one, almost certainly, but it won't be for a year or so after the share price has settled at a much lower level. Much like SKY TV have done.
I expect once the Asian markets open up overseas investors will deal to any available buy depth.
I remember many, many years ago asking at one annual meeting of AIR if the company was considered to be cyclical or not :lol:
Quite obviously back then this hounds nose was highly addicted to sniffing aviation fumes to the point I couldn't think straight :lol:
Asking if this is a cyclical is like asking if the Pope is a Catholic :lol:
It has not just been the sharsies buying up these recently.
Direct broking clients had it as the 2nd most popular share for their clients to buy up to the week ending 18/3/22 and it’s popularity increased to 1st for the week ending 25/3/22.
Might get back into the 130s by end of day
So so so cheap
Wow - what is going on. At least those with half a clue have had a good opportunity this morning to sell at a good price. But still - this is pure insanity keeping this turd airborne at this price.
Wow what a trading day! Shorted on open, covered $1.25-26, reloaded $1.29-30, covered $1.18-19, reloaded $1.25-6, covered $1.20... Now waiting for another reload :t_up: