Fastjet Share Discussion Threads

[the white rabbit] 28/7/2016 08:53

MMS know their pants on fire.

[ragnar lothbrok] 28/7/2016 08:51

Market is being generous to us for once. There's a disparity in the pricing.

[ragnar lothbrok] 28/7/2016 08:50

how many of you bought?

Bargain . Investors bought at 50p and we are buying at 30.5p.


Deal of the year my friends

[big bull billy] 28/7/2016 08:48

40p close tomorrow, I say

[big bull billy] 28/7/2016 08:43

Placing at 50p.


They raised £19.2m at 50p.

MCAP barely 5m

[sharkman returns] 28/7/2016 08:42

going up people

[sharkman returns] 28/7/2016 08:42

Nice 70K buy

[jasonoranged] 28/7/2016 08:41

REDS - check the RNS out this morning, huge contract win with UBS, still under the radar.

[sharkman returns] 28/7/2016 08:41

It did spike to 41p last week on the news people, then profit taking kicked in

[ragnar lothbrok] 28/7/2016 08:35

what a beautiful wonderful day,

[the champion] 28/7/2016 08:34

GOING UP UP & up

[nick rubens] 28/7/2016 08:30

Any profits forecast? All i've ever known when holding FJET in the past is continued placings and falling share price and it's continued.

[whisky8] 28/7/2016 08:29

FASTJET GOING ORBITAL

[the champion] 28/7/2016 08:25

Shining so bright, (ah-ha) like the star that you are, (ah-ha) Oh oh oh oh shine, (shine) into the future

[the champion] 28/7/2016 08:24

Come on and shine, (shine) shine like a star

[the champion] 28/7/2016 08:15

MMS asking 3% premium for 5K. LOLOL

going to move now. They are scare 30p get smashed and this will cause a stampede upwards.


MMS crafty thieves

[ragnar lothbrok] 28/7/2016 08:02

5k trade ems

[ragnar lothbrok] 28/7/2016 08:02

Hit MMS ems trade

[ragnar lothbrok] 28/7/2016 08:01

buys starting to flood in

[the white rabbit] 28/7/2016 07:58

First buy in 30p pre market

[the white rabbit] 28/7/2016 07:58

Did spike to 41p, on the news before profit taking

[big bull billy] 28/7/2016 07:57

Remember people raised 19.2m via open offer at 50p

[big bull billy] 28/7/2016 07:56

News UPDATE: Fastjet Raises GBP19.2 Million In Placing At Premium (ALLISS) LONDON (Alliance News) - Low-cost African airline Fastjet PLC on Thursday said it raised GBP19.2 ...
Alliance News21 July, 2016 | 5:09PM Email Form
LONDON (Alliance News) - Low-cost African airline Fastjet PLC on Thursday said it raised GBP19.2 million via a placing and open offer, with the latter at a significant premium.
Fastjet said it raised GBP15.0 million via the placing, conducted via an accelerated bookbuild by investment bank Liberum Capital Ltd. In addition it will raise GBP4.2 million via an open offer.
Executive Chairman Colin Child agreed to subscribe for 140,000 shares at the issue price as part of the placing, his only holding in the company.
The shares were placed at 50.00 pence per share, a significant premium to the company's closing price of 23.13p on Wednesday. Shares in Fastjet closed up 43% to 33.00p after the news.
The funds will be used for working capital purposes and to back Fastjet's revised business plan, which includes the introduction of a new type of aircraft to its fleet and the relocation of its head office in the UK to Africa.
Fastjet said despite the ongoing cost reduction programme at the company, plus a recent reduction in routes and fleet size, the company continues to be cash flow negative. The funds raised will therefore provide essential working capital for Fastjet to pursue its strategy.