CX Shares slip below HK8
And so has been the case for the last few months, the sinking feeling of the plummeting value of Cathay Pacific. Another 10% and we will be in uncharted territory regarding possible takeover bids or share swops. Cant be long before Qatar wants an increased slice.
But before then , there’s that small matter of fat cat pilots sat on their backsides , ( literally) earning far too much in the current climate.
But hey, at least the hk$ is strong and the GBP weak . Very weak, time to cash in and run to retirement. Lol.