RE: How high can a dead cat fly?30 Jun 2022 23:06
Toddju, just over 1y ago sp was@ over £10. It had doubled (through pandemic), no idea why, I thought it crazy overpriced: still there were posters on this bb saying, "Hey, we're on the way back!" No reference to the airline running a skeleton service, nor the revenue lost last 15m, continuing costs. So, now we're not much over a third sp but with close to full schedule, good loadings many at right price. If it could double then, it can triple now, or more. Markets are just not rational, despite what that blonde PM said. It can fall too, be lucky.