best post I’ve seen all year......
LMAO.
Originally Posted by
fire wall
STW and Unitedabx, the two of you clearly have the combined IQ of the yellow pages, i.e zero.
The share price is nigh on irrelevant if the majority is held by institutional shareholders. i.e. it is not traded.
When the share price goes below $8 historically Swire has bought up any stock listed for sale which has in the past pushed the price back up. This time does not seem to be the case. Care to give a thought to the possible reasons why? Perhaps cash may be king when lots of cheap airframes come on the market to fill the void of reduced comeptition.
A quick search will confirm the following :
Swire Pacific Limited 45%
Air China Limited 29.99%
Qatar Airways (QCSC) 9.99%
Public shareholding 15.02%
On a normal trading day less than 1/3 of 1% of the stock is traded.
I am now convinced you both ARE PILOTS because you are financial morons !