RE: SP Drop !!!18 Jun 2021 12:49
The public have short memories. They will easily forget the Government's woeful handling of this Pandemic if they are able to go on a summer holiday and I believe this is the focus of the Government. By the time the ending of the lockdown is again in focus 50m people would have their first jab and just as many will have had their 2nd jab. All this is geared towards leading a normal life again including air travel.
IAG are burning £1bn per quarter. They wont let their cash reserves fall under £5bn as its harder to raise finance on good terms. This takes us till summer 2022 approximately.
You might get another dip to 1.95 but its not long now.