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Fastjet looks likely to go bankrupt. I don't think they have ever turned a profit. Feel sorry for those that brought high on the spike. Hopefully, things work out but it's looking gloomy.
Jsfx,
I don't think it's game over as there was nothing to substantiate the rise - apart from a potential resume date and repatriation news.
I hope folk didn't buy on posters who say they have news but can't share it.
But equally, they shouldn't listen to "game over" comments either.
ATB
Is that the same as all the other tourism/leisure stocks down this morning ?
Game over for fastjet now...
Thought i'd learnt my lesson from HEMO as I sold too early... bought in here at .055 back in April... skimmed some profit but not enough... new to trading but it all a learning curve!
Airline, Africa , pandemic. Hope some newbies didn't listen to the rampers on here.
should have said announcement instead of outcome :-))
I am looking to bail in...if positive outcome is made later this month...should still see plenty of upside....GL OF
Why have you posted the same stupid video twice?
I “invested” in this from the outset. Big gamble always. Attempted to manage losses unsuccessfully through the various consolidations over the years until I basically wrote it off. 99.9% loss (£3k) on my dealing platform. A few weeks back I was pig sick of looking at it and decided to clean it away once and for all .... but couldn’t because the dealing charge was more than the share value!!! Anyway last week I chucked one final £1k at it .... and have since traded percentages almost out of the loss. £200 from breakeven now. So I suppose I should be very happy...and indeed I am ... and feel v lucky indeed just to get away with it!
There’s a lesson ... perhaps a couple in here. I’m MUCH wiser these days. Avoiding most AIM. You rarely get second chances and the odds are stacked heavily against the typical participants of these gambling boards. I suspect a few have been spiked in the past week.
For what it’s worth and my guess/ coin toss ...this will likely drift further down on no news. Perhaps to .26 where there is some “support”. If it does ... I will chuck in another £500 and let it run. Either way I let it go now ... no interest or desire for the risk.
If ....IF ... this has a full recovery ... some very brave will make money.... others will hang around too long. The reality is that small airlines like this continually battle funding and circumstance.
IMHO. DYOR. Cat ate my homework
Miss G
:-)
Another tip top too tio ....
Confucius he say step away from computer for first 30 mins of trading day. Fingers in ears for dim wits
Miss G
Good morning Lordsutch and it's very good to see Blue here as most of the market is Red at the moment. Let's hope it continue. Good luck
Ronwin, I agree and that could be said for a lot of stocks... AIM or otherwise as a lot of companies are struggling due to the current situation. Let's hope for the best results here
Well said. High Risk. Every penny invested could be lost, or a good profit beckons if the company survives beyond 31 July.
We shall see
Thanks Mojo, very nice to see and it all bodes well for the SP tomorrow I think. Maybe that's why the SP was held down for those big buy orders to fill?
It would be nice to get a Blue tomorrow... Good luck
"The Company is still assessing its future funding requirements should the Disposal not proceed to enable it to continue as a going concern beyond 31 July 2020 and will issue an updated trading statement in the last week of June 2020."
Either the disposal deal goes through and they continue as a business or go bankrupt come end of JULY. Simples...
You watch this will do a quarantine reverse flip tmrw morning and go on a rampant march all the way to 1.2p
Seems to be more big buys appearing. Some delayed...
10-Jun-20 16:32:4 0.355 4,000,000 Buy*14.20k
10-Jun-20 16:11:39 0.36 5,554,445 Buy*20.00k
09-Jun-20 12:42:17 0.615 5,000,000 Buy*30.75k
09-Jun-20 15:31:55 0.53 5,000,000 Buy*26.50k
Certain posters of doom and gloom don't have a wider market sector awareness, they only need to look at all other tourism and leisure related stocks and see they are down today.... as soon as this 14 day quarantine is resolved these will gain handsomely for you even if you got in above 0.60. Ignore the noise and don't let them go, you always get childish giddy people when a share has done well, but the retraced!! : )
Who is Rick Bottom?
Reminds me of the last days of Motive Television (remember that dog?). There was a huge spike then it tailed away and died.
Lot of totally delusional sentiment being expressed on here. Do people know any of the history and the $1 billion fundraiser over several tranches.... the share price was once hundreds of pounds in post consolidation terms. This airline is finished!