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For quotes above £1500. Expect news flow this month. Big rerate coming.
£5k quote
to buy 6.744, to sell 6.75
Dreamed big of this and held a bit of cash in case if it drops to 5p or lower but looks like the tide has turned last week. Lets head to 10p and consolidate this week. I honestly believe this will hit at least 30p in the next 10 weeks. Gla
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Trading update from yesterday: fantastic update
underlying profitability ahead of previous management expectations
solid trading performance, the Group's financial and liquidity position continues to be robust
the Group's financial and liquidity position continues to be robust. As at 31 March 2021, net debt was £218m on a pre-IFRS 16, covenant basis, and total liquidity stood at £126m, with significant headroom against a covenanted level of £45m.
Outlook: solid recovery performance in year to date has provided a strong platform for further progress over the remainder of the year.
Fundraise at 2.90 not a great discount considering the inflation fears and potential market sell off. Hope no market sell off before we get our shares on the 17th otherwise this is a keeper. Gla
yesterday was very understandable. People must be waiting for a while for that rns and sold out. New money coming in now and this is very undervalued and unloved. A big rerate on the way. Billions of dollars in that ground and under 10m mcap.
Gla
the motto will be back. Get the flagship infrastructure projects going to create jobs and kick-start economy. Strong business, growing order book, GFRD sitting on a huge pile of cash, declaration of dividends soon as well, . The cash value is 1.5 times more than the mcap. Ridiculously undervalued here. Buy buy buy
Fleccy, if the cash burn is £20m a day, it'll be 90 days end of this week. Equals £1.8B spent (nearly 2B Euros). Can't see the travel restrictions changing atleast in the next 2 months. No doubt IAG has a huge cash pile but it's equally going down fast.
world's largest airlines. 6th by revenue and 9th by passenger numbers. We all need air travel
As of 30 June 2020: Cash of 6B + 2.1B (undrawn facilities) = €8.1B liquidity
2.75B rights issue
Cons: €200M cash burn per week. 12 weeks have passed since 30 June = €2.4B spent.
Money equivalent to the this rights issue will be lost by next weekend : - (
world's largest airlines. 6th by revenue and 9th by passenger numbers.
Cash of 6B + 2.1B (undrawn facilities) + 2.75B rights issue = € 10.85B of liquidity.
Cons: €200M cash burn per week. The money raised will be evaporated in 3 months if travel restrictions remain in place.