Share Price23 Mar 2022 09:12
The price here went from £1.80- ish back in November down to the £1.20's just before Christmas due to the appearance of of Omicron. Once that had been exposed for the hysterical non-event it was, the price was on a fairly steady rise up unto the£1.70's, and probably would have climbed further as Covid restrictions started to ease.. Then Putin stuck his ugly short-arsed snout in. and here we are.
If the Ukraine situation was resolved tomorrow, no doubt there would be a spike in the whole market, as the world - and particularly Europe - breathed a collective sigh of relief. Airline shares in particular would benefit as the oil price stabilised. Unfortunately, I can't see how this can possibly happen, and even if it did, it is no longer possible to go back to where we were just a few short weeks ago - too much has irrevocably changed. This is without even considering all the other issues swirling around at the moment- environmental, cost of living ,rising interest rates etc. etc.
The volatility in this (and other) share prices, is reflected in a rapidly-changing, extremely volatile world (or is it the other way around?). Anyway, not really sure what I'm trying to say here - just sharing my thoughts. As for the direction of travel for the price here- given the multiple factors at play (some of which I have mentioned) - I haven't got a bloody clue, although as I am holding, I obviously hope for the best.
Good luck to everybody.