Fastjet Share Discussion Threads

[evil_doctor_facilier] 22/7/2016 14:19

The warrants are virtually worthless.
The warrants only have any value if the underlying share price is above the excise price.
Considering also you would have to buy the placing share at 50p (20p) above what you could buy them in the open market to gain a warrant, means that the warrants would actually cost you 20p and be worth zero!!!!
Sounds ideal Faye for many punters who post on advfn- fill your boots!!!

[zcaprd7] 22/7/2016 13:01

Probably not enough, but that is a massive vote of confidence from the existing shareholders. Can private punters take part in the placing? Just wondering what those warrants were worth? 20p?

[tailgunner2] 22/7/2016 09:04

This new boss better be a Messiah in disguise, that's all I can say....... He's got a good track record, hope he can pull it off..... Already mention of change of aircraft..... Are we going back the way to Dash 700's or similar, whilst our State backed opposition are flying 737's and airbuses, at a loss, but hoovering up passengers????...... Who knows, but I'm sure the new guy will have some good ideas

[tailgunner2] 22/7/2016 08:58

Hmmmm..... Raised 15m..... Fear it won't be enough

[alphapig] 21/7/2016 17:50

Just thinking of anyone who was short before the rns... Ouch!

[albert3591] 21/7/2016 17:28

At your peril.

[welshwiz] 21/7/2016 16:34

Simon
For the first time i agree with you

[tailgunner2] 21/7/2016 16:22

Plenty of buys, but they still intent on sucking our thunder away

[tailgunner2] 21/7/2016 16:21

Stelios won't come on the board....... I wish he would, and I emailed him to that effect....... If he was gonna do it, he would have done so by now

[bennie_m] 21/7/2016 16:04

Looks like Cawkie bought 100K at 35p at 15.00 and he made his appearance here at 15:10

[letmepass] 21/7/2016 15:23

Nice 34k buy

[colin12345678] 21/7/2016 15:19

Simon i totally agree wait till stellios get on the board

[simon cawkwell] 21/7/2016 15:10

Gentlemen,

Notwithstanding the warrants provision, 35p in the open market is surely a buy.

Simon Cawkwell

[goodbloke1] 21/7/2016 14:00

Lol lol Colin

[colin12345678] 21/7/2016 13:40

apfindley you forgot to pump GWMO LMAO!!!!!!!!!!!!!!!!

[apfindley] 21/7/2016 13:35

Erm how many shares will be in issue once placings complete?They are raising several times the market capital here, so that's some dilution of existing shareholders.And Yes of course existing significant shareholders are willing to invest at a premium. For starters, they wouldn't be able to buy those shares on the open market. And if they did, they would be paying substantially more as the boost they would provide in open market purchasing would make it more expensive for them.Also they are safeguarding their investment, as they have a lot to lose if the company is unable to continue.Still, it's good news for people buying TODAY, even if not brilliant for existing holders who have suffered previous shareprice decline .

[still waiting] 21/7/2016 13:29

yes, the underlying problem of no bums on seats does not change.

[albert3591] 21/7/2016 13:26

Sphere25.. Spot on,none so blind as they who wont see.

[colin12345678] 21/7/2016 13:13

still waiting you know him probs got a stonking deal to announce stellio

[someuwin] 21/7/2016 13:07

No brainer.

[still waiting] 21/7/2016 12:46

just nearly choked on my flight meal.

after easyjet reports £40m loss on currency swings this gets a decent chunk away at a big premium..

crazy world.

[letmepass] 21/7/2016 12:45

Damn just added at 35p...nice steady climb to 50p