JAA, No reason why AIR should announce the drawdown of the loan. They said last week it would be within days.
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JAA, No reason why AIR should announce the drawdown of the loan. They said last week it would be within days.
Wonder when Cam will hock off his shares ...over half a million of the
Share price not as high as it was last year...but then he got most for free
still the share price defying gravity... maybe its just doesnt know its a hard landing .... like sky city today.. no real profit but the price went up... maybe its not going to crash land...
Airline index in the US is up 80% from the lows so AIR defying gravity is not a unique situation by any means. Millions of new punters on Robin Hood and other platforms (like our Sharsies) with nothing else to do seeing as horse racing isn't happening and casino's are closed. All predicated on assuming we'll get a Covid vaccine later this year or very early next and everything goes back to the way it was...what a wonderful fairy tale.
".what a wonderful fairy tale."
Volatility is back ...
well i hope it takes time... more trading ..our longs were set back in may and they werent the likes of AIR. Cruise lines up 45%. Air may simply never crash because no one is looking at the numbers just like sky city yesterday.
On a day when stocks raking in the money like FPH down 5.41% and ATM down 2.77%, good old AIR barely registering a pulse & after losing one of its most experienced & valuable senior executives, plummets from 1.35 to end the day at 1.34.
The mind boggles, throw all the text books & everything you've ever learnt out on this one.
Noted some commentators saying AIR board probably regretting not giving the top job to Cam now, as Greg for all his strengths has no experience in the airline business, just when its never been more needed.