RE:RE:10 jets soldHey Flamingo.
This stock is controlled and they have it on a short leash. They will take it up next year when they can. Look at the recent events. They took it up from .30c to .55c. They can move it if they want to. After BT is gone things will change. I have the feeling that the shareholders who are patient, and don't need the cash, will benefit. The perfect example for you, and I is, AMD. Would you have sold for $14/share or, would I have sold for $6/share? NO. It's $91/share today.
No matter how dumb this Pierre B is. He can't spend this $5.5B coming from BT Because the Family won't allow him to do that. If he does? Then you can kiss the remaining company, good bye. So if they can concentrate on just BBA, they may do ok. Look at todays news on the 10 challengers. The'll go after the business jet market aggresively.They have to.They have a lot of interest to pay, on the remaining debt. I'm sure they'll be able to reduce the interest rate from 8% to 4% ish. So they can get things on track. I know it's hard to believe, but even these dumbies can't keep blowing it year in and year out.
Have a good holiday.
Cheers
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flamingogold wrote: Impressive order but the stock doesn't even budge!
"
Firm commitment from undisclosed customer represents
one of the largest business jet orders of 2020"