RE: 500 on the card8 Mar 2019 12:52
From IG article......Last week, IAG posted a strong set of full-year results. But the group's share price has since suffered, primarily because its management have failed to provide clarity on how it plans to handle airline disruption post-Brexit.
To make matters worse, officials in Brussels warned IAG that it must be able to show it is more than 50% owned and controlled by EU investors if it is to retain flying rights in the bloc.
Brussels tough stance has led to the group blocking non-EU investors from buying stock, applying downward pressure on its share price.