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Do not understand 14m share buy in a day
I have burn my hand and my break ever is 12.5p will I ever get my money ?
BOD are really useless
Mike Ashley has outlined plans to exit Sports Direct and take the helm at struggling Debenhams, in a move set to stun the City.
Mike Ashley targets Sports Direct exit to run Debenhams
https://www.bigdishplc.com/qa-with-bigdish-founder-chairman-aidan-bishop/
13M...... BUYING TODAY ................................ DONT UNDERSTAND WHY ?
I BURN MY HANDS
MY BREAK EVEN IS 12.5 WOULD I EVER ??????????????
WORST BOD
5M BUYING TODAY ???????
Any reason why people still buying
I burn my hands in it ????
Crunch meeting today to determine Flybe’s future
http://www.travelweekly.co.uk/articles/325512/crunch-meeting-today-to-determine-flybes-future
WOULD SHARE PRICE GO UP ?
RNS Number : 5763R
Fastjet PLC
01 March 2019
1 March 2019
fastjet Plc
("fastjet" or the "Company" or the "Group")
Loan Extension
The Company today announces that it has extended the terms of its unsecured loan agreements with Annunaki Investments (Private Limited) ("Annunaki") and SSCG Africa Holdings ("SSCG") (the "Loan Agreements").
As announced by the Company on 5 June 2018, the Company entered into the Loan Agreements with Annunaki and SSCG in order to make available a portion of the Group's restricted cash held in Zimbabwe.
The Loan Agreements were made on commercial terms and allowed the Company to lend US$5 million cash from fastjet Zimbabwe limited ("fastjet Zimbabwe") to Annunaki in return for a US$2 million loan to fastjet from SSCG for general working capital purposes across the Group (the "Unsecured Loans"). The Unsecured Loans were repayable in December 2018.
The Company has been in discussions with Annunaki and SSCG and has agreed that the terms of the Unsecured Loans will be extended to 31 March 2019. The terms of the Loan Agreements will remain the same with the exception of the following changes:
· The loan amount from fastjet Zimbabwe to Annunaki has increased from US$5 million to US$7 million due to devaluation of the underlying currency; and
· During the term of the Loan Agreement with SSCG, SSCG shall have the option to convert the US$2 million repayment plus any outstanding interest into ordinary shares in the Company (subject always to the shareholders of the Company granting the directors sufficient authority to allot and issue such shares on a non-pre-emptive basis) (the "Option to Convert") either (i) upon the happening of an event of default under the Loan Agreements, or (ii) after 28 February 2019. Any ordinary shares in the Company issued pursuant to the Option to Convert shall be issued at the higher of:
o the volume weighted average price per ordinary share over the preceding 30 trading days on the London Stock Exchange ending on the date on which SSGC has given such written notice to convert; or
o at par value.
This announcement is released by fastjet and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. This announcement is being made on behalf of the Company by Michael Muller, Chief Financial Officer of fastjet.
https://www.dailymail.co.uk/money/markets/article-6585133/Billionaire-Mike-Ashley-told-Debenhams-charge-now.html
DO UNDERSTAND WHY ??????
update on facebook
Fastjet PLC Group Head Office (Johannesburg) has today reassured its customers that flights on fastjet Zimbabwe and fastjet Mozambique are operating as normal, providing reliable services on the respective route networks.
Following the suspension of flights by fastjet Airlines Ltd (Tanzania), all flights to and from South Africa, Zimbabwe and Mozambique remain unaffected.
In Tanzania, fastjet Airlines is independently owned, following a management buyout from the group’s parent entity earlier in 2018. The Tanzanian airline announced on Monday 17th December a temporary suspension of flights, following a 28-day notice from the Tanzanian Civil Aviation Authority (TCAA), requesting reassurances from the airline that its air services would continue to meet TCAA requirements; failing which the TCAA would be forced to revoke the Tanzanian licences.
The following flights operated by fastjet Airlines Ltd (Tanzania) have been placed on hold pending the airline providing the necessary assurances to the TCAA.
· Dar es Salaam to Mwanza
· Mwanza to Dar es Salaam
· Dar es Salaam to Kilimanjaro
· Kilimanjaro to Dar es Salaam
· Dar es Salaam to Mbeya
· Mbeya to Dar es Salaam
· Dar es Salaam to Harare
· Harare to Dar es Salaam
· Lusaka to Dar es Salaam
· Dar es Salaam to Lusaka
All other routes operated by fastjet in South Africa, Zimbabwe and Mozambique remain unaffected and, in fact, fastjet will be launching new products and services in 2019 as part of its plans as Africa’s affordable airline.
Corporate Communications Fastjet PLC
US Court denies Indivior's rival request to immediately begin selling copycat drug
12 December 2018 | 08:17am
Indivior said Wednesday a US court had denied rival Dr. Reddy's Laboratories request to immediately be granted the right to sell a generic version of the company's opioid addiction treatment.
The ruling ensured the injunction against Dr. Reddy's Laboratories would remain in place until after the mandate issues, Indivior said.
Indivior said it would file a petition by Dec.20, on the previous ruling, which had lifted the injunction, affirming that the court must rule on the petition before the mandate can be issued.
'We are pleased that the Court has denied DRL's motion to immediately issue the mandate,' said Shaun Thaxter, CEO of Indivior. 'We will continue to vigorously pursue our infringement cases against DRL to protect our SUBOXONE (buprenorphine and naloxone) Sublingual Film patent portfolio.'