Virgin, maybe IAG/Stobart, will be going through discussions - going through things with a fine tooth comb. All kinds of stuff going on behind the scenes with lawyers etc
Sorry but It's going to be around the previous bid - if multiple parties do take interest, then it'll go from there. Either way, this stock is undervalued for now.
Agree... someone(s) is buying. If an RNS in regards to IAG or Stobart, or both is announced... this is going to move, similar to Friday. However, If no news, then i'd imagine hold around this mark.
Sorry, that'll only happen if it's announced that IAG are in talks with Flybe. Until then, I see this holding and maybe (don't want that) dropping in the afternoon.
I'm no expert but going with their Half Year Results... the other is, around £134.1m. Besides, I have no idea how this will be negotiated among the bidders.
So here's a question... Let's go back, and FlyBe's board did not announce that it's for sale. Then it entered into Sale and Leaseback of Property releasing £5m and then, the switch from Cornwall to Heathrow 2019. Where would the current position of the market be now for FlyBe?