RE: Rumours are14 Nov 2018 02:12
Well, as I said many moons ago, the Flybe wash-house gossip put the previous STOB bid at 58p, so believe what you will. I have mixed feelings on this latest development, as I still believe things could go either way. I did average down some, way passed the point of being comfortable. With a new break even of 50p, anything approaching 40p, would get me out with the remnants of a shirt on my back. However, I just have a feeling that I won’t be so lucky. Things have changed for the positive, I agree, but only time will tell. All current employees/friends want a change for the better. They are sick to the back teeth of the greed, incompetence and complete mismanagement by the higher echelons in this company. Jim French should be serving a custodial sentence for fraud and embezzlement. His wheeler dealings et all were widely known back in the day, particularly with the ridiculous negotiations concerning e175’s.....truly shocking. The share price has done nothing but tank since the company was floated under his watch.....INSANE. With respect to the day to day running of this company, you couldn’t have asked for better employees. People are hard working, accommodating and highly professional. The continuing stream of legends at the top have ruined it for the rest. I’m not sure who will start a bidding war, if anyone. My guess is either Stobart or flybmi/loganair. I actually put my money on the latter, but hey, what do I know. As i’ve also said, I think this is end game for the company in its current form. It now appears that anything is better than nothing. T