RE: bouncing back, looking good to a rally22 Oct 2021 16:59
"Heavily indebted IAG will soon need to tap the market for more cash. Such a move would dilute existing holders. That’s not something any prospective investor hovering over the ‘buy’ button wants to see on the runway.
Perhaps in expectation of this, IAG was the third most popular sell on share-dealing platform Hargreaves Lansdown last week. Interestingly, it didn’t appear on the list of 20 most popular buys."