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Are you suggesting they need the SP at 1p to get the placing they need? In which case they’ll need to either start releasing good news or take a sell offer. Win win
They are out... That is what it means.. This is good news
so they are selling off their holdings? how would this be good? am i missing something?
Vox markets app
not showing on LSE, is it delayed on here?
Rns out! Hope its flys tomorrow!
Cant not can??
cut 55% staff on fed airways,
huge costs cutting, unfortunate for employees, however they are heading in the right direction.
FASTJET
Its shuttle and charter business, Federal Airlines, will cut 55% of its full-time staff.
Just can see more than 20% of issued shares being placed. They need to raise 7.2 to 8 million pounds so a market cap o £40 million either reached before placing or day placing at 1 penny is announced.
FJET forecast by upcoming days
Date Price Min Price Max Price
2020-06-16 0.359 0.230 0.497
2020-06-17 0.271 0.131 0.4064
2020-06-18 0.228 0.0895 0.355
2020-06-19 0.233 0.1071 0.358
2020-06-20 0.137 0.00529 0.267
2020-06-21 0.158 0.0185 0.294
2020-06-22 0.347 0.213 0.476
2020-06-23 0.5060 0.367 0.638
2020-06-24 0.417 0.288 0.556
2020-06-25 0.375 0.243 0.5048
Well, we know Fastjet has enough cash in the piggy bank to meet its operational needs until the end of July, and then something needs to happen, whether it's a sale of Zimbabwe, a placing or flights need to resume fully and generate revenue.
This date is somewhat a milestone for me, but I'm invested and clearly see a future.
ATB.
Routing Start date Weekly frequency Aircraft Direct competition (WF)
Victoria Falls – Bulawayo 6 July 2020 3 Embraer 145 Air Zimbabwe (1); B737-200
Victoria Falls – Nelspruit 6 July 2020 4 Embraer 145 None
Next Event. Fastjet PLC Annual Shareholders Meeting Jun 26, 2020
Either sale of Zimbabwe contract or placing. Either way no way going bust. Last time in turmoil think price was 3.2 pence but raised at 8pence. The market cap WILL reach £40 million and place shares at a penny....
Rediculously cheap now, just bought some more, this can jump in a flash.
Something is definitely brewing here. You know when certain derampers start posting on twitter that they want to get in on the cheap.
That is incorrect.
At around 9am today there was a period of 10 minutes where I was getting a sell price of 0.25 for over 4 million shares.
Irrelevant now though and no I didn't sell.
Not sure why they often reports trades incorrectly? Either way it's not moving the SP one way or another.
It would be nice if we get Blue finish...
The trades are 100% incorrect. Many of the ‘sells’ are not sells - you could not sell at 25p at any point today
Hey Biglnt,
Am not too bad thanks and hope you are okay? I'm doing the same as well just sitting and waiting for things to start move here.
Yes there has been a lot of noise here recently but that's how it is on these boards from time to time so you got to leave them to get on with it.
The whole market is seeing Red today so unless something significant happens I suppose it will remain red here, however I would rather see Blue.
Take care and Good luck
They say it's a long week in politics, it seems longer with Fastjet...… last Monday price up 400% mcap £21m today everyone saying this will take off mcap now £7.6m what a different 1 RNS made.
Notice on Fastjet website, that flights will not resume till 31st July 2020, hopefully this will change if the Covid 19 allows.
still showing 27 on HL i would of expected a little movement before now, general market not to good
All the trades are showing as sells are buys. Very obvious - the price is 25 & 26p. Pretty much all buys going through
Last seller cleared.Great uptrend from Here.Dyor