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Never done much trading on a share but have been enjoying the ride here. In at .14 out at .62 then bought back in at avg .32
Normally only like investing in long term holds but at the end of the day you are getting a stake in a whole blummin airline at under 1p!!!
Sure the risk is great and recovery for the company is far from guaranteed but there are enough positive signs imo.
Wouldn't risk much money on this share personally but the upside is potentially huge so keep a close eye on it.
GLA
Definitely worth it at today’s price. A bagger at least from today’s drop.
What was buy price few days again 0.9p....unbelievable how MMs have dropped this over 75% today on zero bad news...crazy and scary. A big bounce is surely on...!
£93k surely ain’t punt money, as someone mentioned the risk is high but this could turn round fairly quick. Worth throwing a few £ in and forgetting about it.
I agree with DrRemington it's a 50/50 play here. But worth the risk in my opinion.
What's your angle here JT16? Trying to help out fellow investors or something else?
May be, there where no buyers because the airline was not flying and there was no signs of a restart. I do however go along with the idea of 94k trade.
Lets see where this goes, without the I know better than you comments. I note that your mate Fastjet also got bitten by the SXX bug like a lot of us on this BB.
Will check in at 8.00 tomorrow to see which way this goes, currently still up on this.
I don’t agree. The past history of this company has not been good to shareholders but I believe the future will.
In all circumstances it’s done well to survive at all. The company operates in an exceptional market place not like that of the western world. The BOD have made some good moves of late if only covid had not knocked them back. There not going bust , not this year at least. There is talk in South Africa of takeovers and amalgamations. There are some high profile people as well over there routing for the company. If as planned the new company is formed as planned that has to be a good thing as well. I for one will be sticking with this and yes I am a shareholder and have been for a long time. Oh I believe the 94k was a purchase. I note as well major shareholders are sticking with it as well.
why would the wednesday 94K show again today?