Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I've been checking in on this BB every now and again and it really is a terrible mud slinging mess. Would be nice to get back to discussing IAG?
I have to say that for the first time I have to agree with Cleverwhatacastle regards George. He really has written some horrible stuff on here.
yesterday but couldn't find it again. T5 mobbed on Wednesday, be mostly BA and Iberia as T5 is for them. Who said people were afraid to fly?
https://metro.co.uk/2020/11/04/long-queues-at-heathrow-as-brits-flee-uk-before-second-lockdown-13533209/
The vote is to approve the placing. Payment and Admission of the placing shares is therefore conditional on the vote.
"The Company has received irrevocable undertakings to subscribe" is all that I can find. No II is going to pay upfront for shares that may not be admitted if the shareholders vote against?
I'm quite happy for the SP to "bump along" at this level. We have a placing coming up of 250,000,000 shares at 50p in early December.
The closer the SP is to 50p the less effect the dilution will have on my holding. Want it to go up after that though obviously :-)
Once again Cleverwhatacastle gets it wrong.
The figure you are quoting is €205m not £205m and is cash operating costs per week. This represents a reduction of 54% on the original plans. It is not a rate of loss.
Oh dear Cleverwhatacaslte, did I say anything about this having any effect on the SP? Just news that some on the BB may have missed. Really sad that you can't just accept that you know SFA about anything.
And yes EZJ is up as well, I have shares in them so keep an eye on the prices. You missed RYA and WIZZ, WIZZ was the best at 5%+. And yes In got shares in both of them as well.
I stand to be corrected here but I'll just go for it anyway.
We have a placing coming at 50p / share. That's obviously around the current share price so dilution will not have a major effect on the existing shares value?
Surely we won't have a consolidation before the placement?
I assume that this was aimed at me Cleverwhatacasltle?
@george noting constructive again
Why do you bother
Your not even in iag
I think that the news that the possibility of IAG taking over Air Europa has increased today is significant.
Looks like this could still be on.
As of Friday - https://uk.reuters.com/article/idUKKBN27F1BF
And today - https://uk.reuters.com/article/idUKLUN2GB026