Re Daily mail rights issue..14 Nov 2021 17:00
I find this very strange and cynical seeing how the Boss of IAG was on the news only last week saying there would be not RI.. I think the shareholders are getting played here and may have much to do with the likes of Citadel and shorts hedged against the company. .. time will tell but looking at things, they have enough money to get by.
Besides if they really wanted to raise money, they could sell slots or sell of one of the airlines...
Its not good reading I have to say, but I think it's mischief and brown envelopes are being passed around under the tables.. just think how much the price will fly up when covis subsides, RI is made out as a rumour.. and all these money men have bought in at these lower prices.. and I would think this could carry on down over the next few weeks. At the end of the day .. IAG have the slots, the planes , and the demand for travel is there .. and some.