RE: RR cash call27 Sep 2020 12:27
Rolls Royce obviously has the worst management in history, but they would be really silly to time a RI at such a time when there are catalyst that would push the price higher. Vaccine is around the corner, Lockdown concerns are off the table etc.
Also judging by the many buys on friday evening - I believe the price will float around the 155 - 165 on monday before any catalyst comes around. Boeing, Spirit, American airlines, Norwegian cruise etc are all rising in prices as at friday and went further up after-house in NYSE. Jamie Nimo is a city trader himself, he is no different from Gaz/Casa, they scare monger for their own pockets. the more the SP goes down, the more they benefit.
If it were in a sane society like the USA, such scare mongering to influence share price would have been investigated by SEC - especially since it is always coming from phanton anonymous "inside sources" - even if it were true, it is still illegal for "inside sources" to be leaking news at detriment of shareholders. Financial info should come from authorised figures not from a broke shorter like jamie nimo