RE: all time low13 Mar 2019 09:20
I do agree with Prince of Darkness - sooner or later (sooner I think) the shorters will move on. The lower the price, the greater the risk of prolonged bounce. This is not Fastjet - where in that case they made substantial losses year after year and held a lot of debt. This is not Fastjet, where they raised capital through share issues and dilution every few months; this is not Fastjet where they gave government officials bungs of money. In Fastjet case, they raised £1,000,000,000 of other people's money and have nothing to show for it. In RMG's case, this should be nowhere near or below £3, let alone £4. So, hold on to your hats!