The sp of RMG will be the last of your worries if that mob are voted in. I will personally resign from my finance job and move to Colombia for a few years if he gets in.
Same here Nuri, will buy another 100k this time next week when I get monies from a bond maturity. I hope the share price keeps on going down between now and then. The shorters will be doing me a favour.
It does not work like that, you need to consider operational leverage. Anyway if they fall to 250p I will double down, RMG has a lot of assets and very little debt, and is well placed to weather the storm.
Why do you keep on talking about the cash on the balance sheet. It is there to pay claims and liabilities. The company cannot willy nilly use cash for whatever it thinks is a good investment at a point in time.
How far will this fall! Why do the MM's think this will go lower and shorting it. I am gagging to get in. A P/E of <4, a bargain if you think about it. Hold for the medium term and get your money back!