Even today there playing with PI sentiments with the SP fluctuations...too greedy and have no shame! Those traders also when they exit at once leaving PIs holding in hope..!
This is after due dilignence and then from a selected parties, so BOD in essence are saying we have looked at all and basically this is the best you’re going to get..gla
Extract: The Flybe Board therefore believes that, taking into account Flybe's current difficult financial position and the expectation that the pressure on Flybe's cash flow will continue, the Acquisition and funding from Connect Airways represent the most realistic means of securing Flybe's future and deliver an attractive option for Flybe's employees, pension scheme members and creditors."
Agree with the £20M given and accepted by the bod, the chances of this going through is almost certain, virgin would have wanted assurances which probably the bod have already given..
Stocks with good news seem to be doing at least 1-2 bagger, when this delivers on the expected news we should also a very good correction and re-rate ..gla
BDO think know they are losing this, holding back paperwork now for months that was ordered by the courts - can’t believe judge is playing along and not enforcing it! They better get a settlement otherwise they will be £24M out of pocket when the courts rule they have to pay!
Don’t understand how the AGM results rns will help the SP, the rns in the morning. They have the lenders with their around the necks and CVA is even more realistic than people think...hope they turn this around for holders but at the moment it’s no too pleasant to be a holder.
Give it a few weeks lol, this won’t be here come close of play today..news is imminent so watch this space. On the expected RNS these levels would be gone for sure.
More contract wins in future yes, but presently they have bagged ‘several contracts’, the details of these have not yet been announced due to CES 2019. This I take it means at least 3 or more contracts from the sectors they’ve mentioned in the RNS! News is now in immediate territory with the tax payment so it is anytime now!