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 !
Firewall,
institutional shareholders don't guarantee a minimum price, and even if they miraculously would, the composition and shares of these institutional investors can obviously change.
With the state bail out the latter happened.
Perhaps now we will see a significant dillution. Or maybe not, nobody knows.
Your lectures about how it all works on the stock market, your big insights on trading volumes, imaginary safety nets... not only simply wrong, but ludicrous and arrogant.