Originally Posted by
mik3bravo
I had to go back and review a lot of MOL commentary over Q4 and into early this year to validate a few of his forward looking statements on the sector and performance guidance.
Interestingly, Norwegian and SAS comments by MOL, which has further prompted me to re-examine both sets of financial statements and accounts.
Norwegian is in the tank in losses / for cash and chased shareholders for couple of hundred million, their shareholding structure makes an aggressive takeover pretty much impossible.