RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Jetline website falsely claiming JET is first ULCC IR isn't going to be clear on those details as they have about as much information as we do right now from what I've been told, but I will agree to disagree with you on the risk. There's money to be made as long as one stays smart and not greedy. There's a likely 5 bag win in the year ahead and long term, there's even more with a good chance of a dividend that pays an annual rate of today's share price per share. But this is speculation - set the milestones and watch for the business reaching them.
emiliolargo wrote:
Styles, if they do a financing, there will be pp shares AND warrants or half warrants. The 75 million was an amount floated by the company to some large shareholders and Barclays was the bank that was supposed to finance it. The longer we wait, the more difficult it will be to raise funds at an attractive price. I spoke to IR as well and they seemed to say that equity financing was the route management was taking. In any case, you bring a good point that once activity starts, share price can stabilise and move up. I will argue with you that the risk is there still, until financing comes. So its a choice of getting in now or a bit higher post financing/dillution. Time will tell.