Member Info for D9Ber1

Let's see what the week ahead brings, it will be great if Avacta delivers here and just help unlock economies around the world and take a step to getting things back to normal.

tatement in relation to media speculation regarding equity raise

International Airlines Group (IAG) notes recent media speculation regarding the possibility of IAG undertaking an equity raise.

As detailed in its Q1 financial results announcement on 7 May, going into the crisis IAG had a strong balance sheet and liquidity with cash and undrawn facilities at 30 April of €10 billion. IAG has taken appropriate actions to strengthen its balance sheet and boost its liquidity position. This includes the announcement earlier today that IAG has extended its global commercial partnership with American Express and will receive a payment of approximately £750 million.

The Group is evaluating the merits of a rights issue of up to €2.75 billion that would further strengthen IAG's balance sheet. No decision has been made as to whether or when to proceed with a rights issue.

A further announcement will be made as appropriate.

Not flying to America is one of the key problems here. I think the SP has a good bit further to drop, will be interesting to hear the results next Friday, it won't be pretty but most people here will expect that anyhow.

Nice top up for me at 129 today, would be great if the RNS we are waiting for finally lands!!! ;-)

SP holding up well, momentum building again!!!

That's what I was thinking, the SP seems to be holding up well around the 130 level. I had a small top up but holding strong now!! When the news lands things will go crazy here I recon!!

Morning All, we must be getting closer to that all important news landing. Any further thoughts on when you think that magic RNS / RNS's will land?

I steady rise bodes well, no news is good news as they say!!!

Mortgagefreeman, as they say no news is good news!!!

AVACTA will deliver!!! It's not just us investors who need this, the world needs this now!!!

I think you will find, once the industrial relations issues get resolved and they will, increase in flying destinations and general momentum increasing on confidence for people to start flying again, the SP will definitely start to move back towards the £3 mark. I sold a small amount today at 2.14, holding a sizeable holding now and in 3 -5 years I think with a much leaner and trimmer airline, easily £5 - £8 a share in my opinion. It's not going to happen immediately but with some additional airlines failing and a trimmer BA, IAG will be in the driving seat for sure. Those invested at current prices will not lose out, unfortunately my average is 2.65, but long term, extremely confident I will do okay, hence continue to hold a decent amount.

Good discussion continuing with the Unions, hopefully we will have a break through soon. I think at current SP will start to see a slow rise in SP as flying continues to build. I think the market is already expecting bad results so don't think this will drop below £2 in my opinion. GL All!!

Good post RichKen, we must be getting closer to the big news release as each day goes by. I'm in the airline industry and we have been totally crippled due to Covid, mass testing is definitely the way forward and with lockdown finished, it's not suprising we are seeing local peaks and strong potential of 2nd wave. When Avacta delivers, the SP will rocket for sure and potentially be many multiples at today's current SP. GL All holders, good news around the corner!!!

Its not going to hit North of £5 until we're ready to sell the tests here, but when we are I think your looking a good bit over £5. Assuming AS delivers, then the city and investors will be confident, the risk is more towards a buy out then, which could drive the SP many multiples of the current SP!!! Exciting few weeks, I remain invested, covid and cancer treatment potential will fly the SP much higher in longer term!!!

So... With the end of the working week approaching, what's our views of an RNS landing? You never know.

Lovely post Mrs Kob!!!

Investors hopefully realising that nothing has changed and Avacta working towards wonderful delivery of some exciting products in the very near future. Covid isn't going away anytime soon. Testing is the way forward for now!!!

Rockets!!!

I think it takes a brave man not to be invested here now. We know good news is coming and a decent RNS could land any day, I'm staying invested here, I dont want to miss out on the opportunity when this tockets!! GL All!!

If it's from the binman, that's a load of rubbish!!! ;-)

Good post Adamstallone, optimism and realism I reckon. It takes time to develop tests and vacines. I'm confident in being invested in here, I should have sold out at £2 and then brought back in myself, however for the longer term, I truely believe I will be fine as will other investors as Avacta will deliver. There are continous spikes of Covid going on, no vacine yet so testing is the way forward and reliable testing at that. I believe in Avacta and in their vision!! Those that do will do very well here indeed in my view!!!