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Don't think it would at all, if you want a holiday to Spain that's the price.
Wait until next year, not many places you can book a package holiday nowadays and I would be surprised if prices aren't sky high due to the demand, do you think after the year we've all had people won't book because of the price, I don't.
Yeah what can you do, for me it was literally gambling as I don't have the knowledge to be honest, it's an expensive mistake but at least I salvaged something, all be it lost 50% of my initial investment. On another day it could have gone the other way, that's the risk you take.
With regards to re-investing, no f*****g fear, my investing days are over, I have shares in Lloyds Bank & BT which I purchased 3 years ago, you know how they are doing!! I have lost all the money I am prepared to on Shares.
I truly hope it turns around for those brave enough but for me it was just too much money at risk and no way was I risking investing in the RI.
GLA
That's all well and good but do you see the share price being more than his £1.01 average share price anytime soon?
I'm in the same position, I would be looking at another investment of £24k on top of my initial £50k and I am really worried of it all going to s**t next year and losing what is ALL of my savings.
Or bite the bullet now and lose £24k today (sad/crying face)
Stressful times, I am into RR for the long term, 5 - 10 Years or more but my £50k investment at a £2.22 average is looking pretty sad to be honest.
Like a total amateur I managed to get my day trade on 2 occasions stuck with my larger investment so have all my eggs in 1 basket, where nobody wants to be. I also don't have another £50k should a RI happen!
Fingers crossed and with the timescale I have I am praying that this turns around but watching it at the moment is really disappointing to say the least.
From what I can see RR haven't even said they need to do a RI so why does this continue to drop day on day, I suspect they don't want to do this now as things may turn around pretty quickly next year (fingers crossed) and not be needed.
They have fingers in all sorts of profitable pies in addition to aviation, yet the likes of TUI and airlines have not had their share price destroyed to this extent.
This..
Nothing more than a rumour. The same article also states the RR is not in need of immediate funding but no is mentioning that as that does not serve their purpose of trying to paint a bleak picture. Fact is RR has over £6bn liquidity and as long as air travel gets to the 70% pre covid level by 2021 then there will be no need to raise funds. Current air travel is around the 55-60% mark so within target of that.
It's clear that RR do not want to go down this route and are anticipating further growth in jet use. The sp will bounce back soon as the current value does not take into account the 2 profitable parts of the business that are still generating positive cash flow.
One thing I have realised from the covid situation is that covid cases peak really quick and then fall rapidly. This will happen this time round as well with the only difference being the peak will be smaller so will be a lot quicker to get back to less than 500 cases per day.