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At 0.10p it cant going lower then that !!
All about supply & demand, and how quickly the seller wants out
I see JT16 you are the resident deramper here who does not hold any shares but did about 10 years ago but got burnt and you stay around this board to hopefully steer away those from investing....for real????. If you said you were just waiting for a low point to buy in then i would actually believe your motives...
The “rampers” are far more dangerous to your wealth than the so called “derampers
miss g
IMHO. DYOR. cat ate my homework
JT16,
"I'm not a deramper"
"but I do hope some people think twice about 'investing' in this dog by reading one of my posts".
"One of my posts?".
You may not call yourself a deramper but you have more than 'one post' that certainly leans away from Fastjet.
ATB.
now 0.14p to buy
what price to sell ?
Buyer's will move in on this, and what a bargain.
Buy as much as you can afford as it will move up from here.
Tight spread, 13.8 to sell and 14 to buy, buyers will move in.
I would buy in at this level but this is a vanity airline that haemorrhages money and doesn't own anything. Am I right?
I have flown Fastjet in Africa a few times. They are a real professional outfit. Always on schedule, clean and excellent staff. I also met Solenta who are the owners and investors of this company and they had big plans for them. The challenge is whether they will continue to fund their debt or whether Stelios or another investor will swoop in. I know the SA govt will be propping up SA Airways and all airlines are getting support. People in Africa will fly again but maybe not until Q3 / Q4 as the virus reduces on the continent. I have bought into this company and believe this is a great price as a punt. .... if they can survive the next 3 months, they will definately expand and occupancy will be between 40 and 60% soon.
Most people selling now must be losing money, At some point the rise will come which will be at least Double
Expecting the sp to change direction soon and move to the upside in a big way....the sp has been way oversold imo and i agree some have probably been scared and sold at a loss.....market cap is just ridiculously low. The move back up could come anytime now and will probably catch many out
"All going well then..........must be time for a 'top up'.........anyone?" You bet.... : )