If Kjos gets involved again it will be groundhog day at Norwegian. Not only did he bury the company in debt, even after the difficulties he tried manipulate the share values.
However, on March 25, the carrier’s shares shot up by 35% when HBK asked short-sellers of the stock to return shares it had lent out, Reuters reported at the time.
“HBK Holding AS has decided to request redelivery to HBK of the shares in Norwegian Air Shuttle ASA currently having been lent in the market by HBK,” Kjos said.
“HBK needs some better liquidity. In a world where we do not know what will happen next week and hardly enough today, we called back the shares to have complete freedom and access to all our assets,” Kise wrote in a comment, also at the time, to the online business newspaper E24 Næringsliv.
The "new management" have done a good job in cleaning up the cat's litter tray, it would be a great shame if things returned to the "bad old days"