Guess where the SP by 7th Nov28 Sep 2021 00:47
Inferno: Can't agree more.
"March Highs of £2.23 which is still incredibly low"
Yes, this was without travel opening, and before the UK travel light system too, and even before I got my 1st vaccine. :-)
"trading at close to £6 per share with a dividend"
We will say around £4 after share dilution.
So we want to see the SP above £223 before the 4 important news you mentioned, which gives enough rises towards £3.00.
Can you remember this share was rocking after the pandemic starts;
1. At 152p 0n 18th May 2019, and 320p on 8th June, 110% rise in 3 weeks - expecting travel opens in summer , but no idea about further lock downs, variants, and vaccines
2. At 144p on 12th Feb 2020, and 220p on 4th March, 52% rise in 3 weeks - Hopes of vaccinations and traffic light system, but still expecting variants, no US open news, Covid is increasing in many countries.
3. This time, we were at 137p on 16th Sep, so we have 10 more days to hit if we follows the same journey, in halfway through now, but I believe that this time is faster than before due to we are in post pandemic era and proper recovery path, most importantly, fully vaccination, fully travel opens on the way including US.
So I leave you to predict where is the SP by 7th Now, which I think 3rd round of IAG miracle 3 weeks rise end?
This is fun, please enjoy with your predictions.
GLA