Originally Posted by
T-Vasis
No offence taken. During the GFC the price recovered within a year from 0.15 to 0.71. I am going to hedge my bets that the price recovers. They're doing the things they need to do in order to improve the financials. What is good is ASK's is stagnant in the DOM market and VA are reducing ASK's which will drive up unit revenue whilst cASK will reduce. The virus will pass. They'll recover. So long as they have enough operating cash flow to keep going (not including the unrestricted cash or further borrowing they may do). Debt remains very cheap.
Next financial results for Jan - June gonna be even worse.