Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
DATE 30 APR 2021 ?
reimbursable but no contract yet
Apologies not lazy, but have had no chance to get up to speed. Is there a consensus of opinion for voting today and which way. I can lend my votes of 34168 to assist.
Are they listed in the States , if so what heading do they trade under ?
All this to add 13 weeks of cash burn and then back to where we were 2 weeks ago. £35 tickets to Turkey won't cover the cost of operating the flight unless it's full with 200 pax on a Neo 321
The diluted price ex rights day was 130p . When the RI shares 2980,000,000 of them hit the market in early Oct and are added to the 1990,000,000 currently in issue. I believe that holders may psychologically think that the 130p TERP is going to be further diluted and the MMs will be ready to scoop up the carnage. This is ignoring todays drop and assumes the price will recover to TERP before October.
Is Han....
Is ******* anything to do with this RI do you think along with Saps and Greyhead ( I see no ships ). I've never known such disarray in the handling of the financial future of a multibillion £$ company and its effect on all those employed and those who have been volunteered to leave. I disposed of all my holdings before ex rights day but was still offered rights, additional rights, a verification code, a payment confirmation and an acceptance confirmation. You couldn't make this up.
The more posts I read the more plots I lose.
When all this 1 for all and none for some is done will we just have IAG shares at a price quoted on the day as opposed to rights with rights without or will there be two types of IAG shares to trade?
128 in 140 out well done again Foots
So is trading at 210, in old terms, ( 135 post RI ) reflective of our current business position. Vol redundancy payments equate to £360 million so that's 2 weeks equivalent burn straight away and still no profitable flying.
Crikey ! When your work the TERP formula 2 x 500p (pre RI max) + 3 x 85p ( RI offer shares) = 1255p divide by 5 shares
Thats a max of £2.51 (post RI.) Wow that's going to take two or more years to get passenger loads back to that level of the 'old' £5 a share
All I've seen in the last two weeks is the price being artificially pegged between 195-205 and yet during that period there was nothing good in the news for airlines. Had it not been for the RI, the price would have slipped back to the previous lows of the 160's. Unless something positive comes along in the way of Test and Fly then I see those lows tested again and factoring in the RI that will be 115.
Sorry about that. Yes the tanks around the perimeter road was after the mortar attack. They were fired from the Terminal 4 car park over the Terminal itself and onto the apron area . The two mortars just missed the aircraft parked on the Tango stands. I was in the building at the time, with my daughter, waiting at check-in for a flight to Dubai. 6 hours later we were let out. Good Luck with your investments.
The tanks around
Discounted rights share now increased to 85.2 pence to buy due to exchange rate
In answer to my own question it appears to be between 16 Sep ( Allocation ) and 25 Sep ( Last day of trading Rights )
please DYOR. Don't want to mislead anyone at this late stage in proceedings
What time window do you have to exercise the sale of your rights ?
Yes , I remember it all too well . I was working , what was called an early/early shift for BA that day and my last job was to Dispatch a 747 to the US.
Arriving home at about 1.45 pm I made my usual brew and turned on the TV.
Just remembering another significant aviation date today.
With thoughts of all those souls lost and the services that tried to save them, their families and friends and all those who have lost their lives due to their subsequent illness. RIP