Hard not ton have a chuckle about the share price starting to go up today. It seems the sheep want to be shorn ;)
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Hard not ton have a chuckle about the share price starting to go up today. It seems the sheep want to be shorn ;)
wow.... the news is stark, the price is stupid
discl
short.
"no rights issue for existing shareholders"
it was tough for the SHAZ but they must be trusting the govt after all they all voted for the PM and her band of bothers and sisters.
Its a long and wait and see if it becomes an inviting destressed asset.
They got shorn like sheep with many deep cuts to the skin. Whole new generation of investors lining up keenly at the woolshed who think the Govt have nice clean shears and will get a fair sharing, opps sorry shearing, and will treat them with kindness. After all Cindy says "Be Kind"...what could possibly go wrong :eek2:...meanwhile all those staff on $300,000+ keep on collecting their pay from a business that's going downhill at 500 knots.
I don't think it would be fair to blame the government in this case.
I can't remember any stock where the signs have been clearer and for a longer time at the wall than currently at AIR. No current shareholder can complain at cap raise time that they didn't get plenty of warning and that they didn't had a chance to get out at a good price.
This feels more like fully informed sheep pushing forward to be the first on the truck going to the meat works ... and I doubt sheep would be that dumb.
the cap raise might be split up. Govt and register go on different builds , institutional and then retail.
the longer the delays the govt can just hold out.
it as if they dont want to pay up at this price... either way the Shaz takes a hiding unless a miracle turns up..
a modified mRNA specially for delta but the wider gap increases immunity...
they are praying...just praying..for a 50 cent handle..