Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It does seem weird, but if it is positive news then I don't mind if they announce it from space at 3am on a bank holiday Friday :)
I have Switzerland (July), Iceland (October) and Florida (December) all booked up with BA - hoping the latter 2 are certainties for going ahead, still holding out hope for July too!
As countries vaccinate more and more people, case numbers are irrelevant. By summer, we will have fully vaccinated the vulnerable population so foreign travel is inevitable at some point this summer. It may be later than expected but it is going to happen at some point. Sitting at a slight loss, but holding until travel opens up and this share soars.
@deepbluediver
https://www.bloomberg.com/news/articles/2021-03-22/iag-falls-most-since-2020-lockdown-on-fear-of-no-summer-travel
Exactly MisterA. Even with bad news in May (or even further ahead), air travel will resume at some point. It is my opinion that IAG are as well positioned as anyone to weather the storm so there are major gains to be had whether its this year or next.
In a world where IAG collapse, I think we will have far more sinister things to worry about than losing chunks of our stock portfolios!
Managed to make some decent profit "trading" IAG and EasyJet over the last few weeks. Not got the nerve any more so IAG position (6100 shares @ average price of about 207 now) is being held until air travel resumes, whenever that may be.
It's a guaranteed return if left, just need to hold my nerve!
GLA
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