Always good to see directors putting their hands in their pockets, even if it isn't an awful lot. Goes a little way towards restoring confidence. Hoping next week is a lot more positive. Definitely think the falls this week were overdone - more akin to a company on its absolute knees.
Director top up
After his last buy in at 110, it looks like Saad has topped up again today at 66, only another 15,000 but im sure it was to be expected in an attempt to restore some faith. Not been one of their better weeks, im sure they will be glad to see the back of it. Shall see what next week brings, but think we will see it in the 60`s for a little while now.
Thanks everyone.In my view the sudden price fall was much more to do with of not able to dispose of the grounded aeroplanes and a very least of fuel hedging, but hopefully in a year's time story will be different with full recovery!
You're right. It would have been crazy not to the way oil was going. I hope easyjet and ryanair hedged to a similar extent. Now is the time to hedge @£40 barrel! Lol
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