RE: Bid for IAG. Maybe one of the American Airlines23 Oct 2022 14:23
Reppyrr.
"Why would anyone want to bid for IAG at the moment ?"
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Erm... because the sp is ridiculously low, valuing the whole of IAG at £5.6 Billion.
in issue 4,971,000,000 x 1.1382 = £5,657,992,299 (market cap).
In February the sp went to £1.74p making the market cap;-
4,971,000,000 x £1.74 = £8,649,540,000.
£8,649,540,000 - £5,657,992,299 = £2,992,547,701 so just the THREE BILLION £ difference!
The truth is out there, one hopes!! How daft!
All IMHO