re; WD Greatest Ever A/L16 Nov 2020 14:10
John
I could not even hope to disagree on the sentiments or the facts as they are indeed crystal clear for all to see and on the record as it were.. Those without chips and in possesion of a brain will certainly see past the nonsense.
I am most interested to understand why the buyers of IAG/EZJ continue to add such silly valuation increases to what are in effect, diluted to death debt ridden businesses?
Understanding the sp's of such afflicted companies have fell so embarrasingly far they are hardly likely to be able to return to 'business as normal' in the future years while they deal with their obvious difficulties. Dividends are a loooong way off, debt is through the roof and shares issued like raindrops. Hardly a recipe for lenders to rush forward with the wallets one wouldnt of thought.
As for Mikey, well nearly back to the year high of 16.90e, not the farcical 2.5 or 4 or 8e SP manure 'predicted' on here by the chuckle brother and fellow clown. In fact heading nicely for that 20e mega payout, when mikey may, to our detriment, fly off to pastures new. That will be a sad day indeed for all holders, and alas not so far away.