RE: What is it with this share2 Jul 2024 09:00
I have no idea, the fundamentals for an airline stock look pretty solid. The company is certainly in a better position now than it has been in recent years, I’ve been in this stock for 4 years now currently a nice 30 grand down it’s been a shambles regret buying it so much. As far as the pilot wage negotiations go my friend recently started working for them last time we spoke I think 17% was around the amount that was on the offer table at the time and it was looking like it could get accepted. I suspect the fact that the dividend payment is measly currently and the market seems constantly nervous around airlines stocks because of so many variables people are preferring to invest elsewhere with less risk and better upside. If I was on the outside looking to invest and saw EZJ flop down 20% from £5.50 which should’ve been a solid price for the stock by now given the current company performance. I’d have no confidence in it. Just hope things can pick up a bit when future results come in. All the best everyone.