Slowly and hopefully:DD ozzie, you don't even know what kind of stock you bought? the nature of this stock? -> volatile and risky (these two means very fast up and down, but never slow... ; just see the stock chart), this company bleed with a thousand cuts, so shorters just wait for the small investors to put the money, and then they swallow it again.
it will slow down when you run out of money... and short players get bored of the game...
If you are lucky; the price of oil goes down to 60, inflation and interest rates also, no wars, no recession, weak dollar, and the others... then maybe. but this company is not known for its luck...
this is all in the 10 year plan, good luck dear investors!
Going concern
Wizz Air’s business activities together with principal risks likely to affect its future development and performance as described in our 2023 Annual Report and Accounts, including the plans to finance a growing number of future aircraft deliveries, where sale and leaseback financing is typically secured shortly before the scheduled delivery date of the aircraft and our judgment that there will continue to be demand in the leasing market to finance our aircraft prior to their delivery dates, have been reviewed by the Directors and are considered to be unchanged. At 30 September 2023, the Group held total cash of €1,837.8 million (including cash and cash equivalents of €1,132.3 million, €105.0 million of restricted cash and €600.5 million of short-term cash deposits), while net current liabilities were €308.1 million and net assets were €225.5 million. The Group's contractual undiscounted external borrowings include: €500.0 million of bonds maturing in January 2024, €500.0 million of bondsmaturing in January 2026, €117.9 million of PDP financing from Carlyle Aviation Partners that is repayable over twelve months but may be re-borrowed and convertible debt of €25.8 million. A further €4,457.5 million in relation to future liabilities from lease, JOLCO and FTL contracts are presented as borrowings. None of these borrowings contain any financial covenants.
The Group operates using a three-year planning cycle. The Directors have reviewed their latest financial forecasts for a period of 18 months from the date of signing these interim financial statements including plans to finance committed future aircraft deliveries (see Note 18) due within this period. After making enquiries and testing the assumptions against different forecast scenarios including a severe but plausible (downside) scenario (see below), the Directors have satisfied themselves that THE GROUP IS EXPECTED TO BE ABLE TO METT ITS COMMITMENTS AND OBLIGATIONS AS THEY FALL DUE FOR A PERIOD OF AT LEAST THE NEXT TWELVE months from the date of signing this interim report.