aircraft...............
In post #62 you said:
the shareholders [of REX] have considerable nouse, and you would most probably find they have confidence in the management
I wonder? With four 'price-sensitive' company announcements since 04 Oct 2007, and closing share price from $2.35 on 01 Oct 2007 to $2.12 yesterday (07 Oct 2007), they'd need to have nerves of steel I'd reckon.
Source:
http://www.asx.com.au/asx/research/C...Code=REX#price
In post #80 yesterday, you concluded that the REX's recently announced flight cancellations and route closures won't necessarily have a negative impact on its bottom line, and that there:
is much about REX to fell optimistic about.
Given the decline in the REX share price over the past few weeks, I'm at a loss to understand you arrived at those conclusions. So it will be interesting to watch what 'value' the market puts on REX shares over the coming weeks, won't it?