FinancialsJan 1 2020 shareholder equity 4.4B, June 30 2021 =577 Million or down 87.4%. Jan 1 2020 shares outstanding versus June 30 2021 = up 35.6%.
So 35.6% more shares split 87.4% less equity and the price is only half. What it was Jan 2020. That's with January 1st valuations and expectations they will fly full planes everyday for many more years. Now it's 42.2% load factors and 8 mill a day in losses.
People cheering on here don't read financials, they wait for their confirmation bias to be fed to them
https://www.aircanada.com/ca/en/aco/home/about/investor-relations.html