RE: The conference call is @ 3pm our time (10 mins)3 Oct 2022 16:04
And the debt to asset ratio is around 50%, apparently. If the debt holders were worried, they would pull the plug. How is current position worse than it was 6 months ago?
Agreed - but the treatment of the share rice seems unusually harsh. Carnival missed their top line expectation by only 12% (4.3b vs 4.9b) and everything else in the simulcast on Friday felt really positive. New CEO in post from August who is a lawyer/accountant so I just wonder what went on. The sp tanked about half an hour before the simulcast, too.