The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Basically highlight is planes are worth more than entire market capitalisation... the planes alone (all 180) are owned outright and are worth c. £5 billion... the take off and landing slots at Gatwick are apparently worth a fortune in and of themselves...
Easyjet has the best balance sheet in the industry - no debt, lots of cash, profitable, expanding... the drops make no sense particularly following record profit before tax for Q3. It's really counter intuitive thus drop....
This share is a headscratcher- its continually fallen from results day despite robust results. Is there any legitimate reason for this? Jet 2 also released excellent results and it fell 10% on results day. Any one intelligent enough on this forum to cobble together an explanation?