PPRuNe Forums - View Single Post - What's happening in CHC?
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Old 27th Jan 2016, 10:27
  #308 (permalink)  
twisted wrench
 
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I think if you compared this graph with Bristow share graph it will look very similar. They have dropped a lot in the last year and a bit to. I understand they are still trading much higher then CHC but they have also lost a lot of value. Just shows the state our industry is in.


When the IPO for CHC started Bristow was at close to $80 and a market cap of 2.2 billion. last week they were down to just over 16 dollars and a market cap of 700 million.


CHC shares were down at one point to 20 cents before the reverse split now at $4.00 so maybe can go down quite a bit more again. Not sure how many reverse splits a company can do?
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