rex Celebrating 20 Years
Join Date: Jul 2020
Location: New Zealand
Posts: 37
Likes: 0
Received 0 Likes
on
0 Posts
Not sure what the excitement is, but the last few weeks the ASX has been flat, with Rex shares pretty much pacing with it the last 5 days on comparison. Looks odd but generally the company results are totally in line with what the market expected from the look of it so no one of note batted an eyelid and probably just some minor trades going on.
It's got nothing to do with tracking the ASX. The ASX is made up of a basket of shares, some winners some losers on any given day. Look at MickG0105 chart. Did the market go up some 16% over the two days early August before it levelled out as you have observed. What about in February? I have watched this stock for a long time and it just doesn't make sense. Large increases in market cap on as little as 5000 shares. Goes up on no news that would elicit the action in the market. I acknowledge that the shares may be tightly held. However, as MichG pointed out earlier, there would appear to be covenants on the PAG funding. Time will tell what happens with the shares that are held now if PAG get to exercise their rights. They could easily be worthless.
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,715
Likes: 0
Received 29 Likes
on
10 Posts
Be interesting to know whether they had it reconfigured to the VA-style J/economy-X/Y cabin.
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,715
Likes: 0
Received 29 Likes
on
10 Posts
I imagine they have it configured in their configuration.
Join Date: Jan 2012
Location: Home
Posts: 78
Likes: 0
Received 0 Likes
on
0 Posts
Painted with its Aussie rego in place, with a decal slapped over displaying its temporary reg for delivery flight purposes. Pretty standard with delivery of second-hand aircraft.
Join Date: May 2005
Location: QLD - where drivers are yet to realise that the left lane goes to their destination too.
Posts: 2,977
Likes: 0
Received 4 Likes
on
3 Posts
Only 8 years old, but been around the block a bit. Looks like it only flew regularly with the first operator, rest of the time sitting around.
VH-MFM
VH-MFM
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,715
Likes: 0
Received 29 Likes
on
10 Posts
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,715
Likes: 0
Received 29 Likes
on
10 Posts
Join Date: May 2005
Location: QLD - where drivers are yet to realise that the left lane goes to their destination too.
Posts: 2,977
Likes: 0
Received 4 Likes
on
3 Posts
Interesting it spent quite a few months sitting in BNE during COVID waiting for Samoa to take it up.
Join Date: Jul 2020
Location: New Zealand
Posts: 37
Likes: 0
Received 0 Likes
on
0 Posts