PPRuNe Forums - View Single Post - The Great Turnaround
View Single Post
Old 11th Jan 2018, 08:52
  #33 (permalink)  
blow.n.gasket
 
Join Date: Mar 2007
Location: australia
Age: 74
Posts: 907
Likes: 0
Received 0 Likes on 0 Posts
The share price is also now down almost 25% from its $6.40 highs in October, although I suspect this is mostly driven by jet fuel and a general global sentiment that the recent high profitability of airlines will turn (combination of fuel up and greater competition)
Or the smartest guys in the room have run out of company funds to buy back more company shares to boost the P/E ratio now that their latest share options have vested !
blow.n.gasket is offline