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Old 24th Oct 2020, 18:15
  #4560 (permalink)  
rowly6339
 
Join Date: Mar 2012
Location: Cheshire
Age: 45
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Just a few things,

the £700m was a valuation of the airport by the company who wanted to buy a 25% share.

Stobart are obsessed with the aviation side of the business and are more than happy to keep spending money on it in the belief that things will get better which is why they had a capital raise and are desperate to sell the only part of the group that actually makes a profit which is Stobart Energy.

talks are still ongoing regarding the sale of the airline and leasing business with the board then putting all their eggs in the sen basket.

expect to see cax sold in the next couple of years too.

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