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Could someone pls post the YouTube link for today. Is the hearing still on. Got late from work and missed the hearing.
While the debt is worrying I think some RI or Regal US listing will fix the issue. Maybe they will do it when the business gets back to normal - business has just started this quarter.
Once the court cases gets resolved, in our favour in all likelihood, then it takes away one big risk. Hope this judgement comes up soon and this will see us past £1.
On top of that claiming more than billions as compensation for not being acquired!!! Crazy!
“So many acquisitions and deals fell off but are they all going to court because they are not acquired? “
Smalltrader, really liked your post. Very well said. M&A deals mostly fall apart and just a very few materialise.
The worst is behind us. If it had to fold up it would have already done so.
Now the pandemic is fading and cinema getting people back.Just a matter of time when SP picks up.
Taking company private would not have worked as the brothers have just 30% stake and it needs about 75% of shareholders approving.
Anyone in doubt about air traffic recovery just look at the flight ticket prices for a long haul destination. I booked for Dec at twice the price I have paid in pre-Covid winters. Too much travel demand. Seems the cutting capacity by airlines is exacerbating the problem and prices soaring.
Given the fact that S&P500 is down 1.5% and many recovery stocks down 5%, this has held almost the same price as previous day’s close. Lot of support at 142-143 level and doesn’t look like it’s going below that. As the wider markets rebound, just one or two good days this week will take it past 150.
It seems it will pick up whenever there is a trading update from the company or any quarterly results declaration. In the absence of specific news it seems directionless for now.
Good to see RR closed above 140 on all days of the week, after crossing 140 first time this Monday. October is looking really good for recovery stocks with so much travel opening up. Much more rise coming up in next few days. GLA
Some more good news
https://edition.cnn.com/2021/10/01/health/us-coronavirus-friday/index.html