flights, page-115

all the numbers show they are burning $65m per month, have just spend $200m on redundancies, another -$150m on misc other shut down costs, have high debt levels compared to current/near term EBITDA, are in breech of their loan convenient but have a waiver for only Dec 2020 covenants plus a requirement to keep $350m cash in the bank so there is a possibility they can run out of money before International travel is open in his own actual words coupled with we have a CEO who is a major shareholder saying the company has a difficult 3 years to recover to where it was, if at all it can get there, given that any commentary he makes (legally) has to be truthful and accurate.

.... and we are saying we shouldn't actually listen to the CEO ?

... sorry, just can't understand this .... is the world mad ?

... and finally, let us remember out of their $175m rights, the founders took up exactly $25m between them all .... at $7.00 / share. Surely if the business is in such good shape and the CEO is just down ramping and actually the business is going amazingly well, why exactly then, didn't the CEO invest more than $10m of his $100m of rights issues and before you say maybe he doesn't have much more than that, his las dividend check (just the last one) was $10m.

I think his actions and words can be take fairly seriously and to suggest we shouldn't listen to and seriously consider both his words and actions, seems a little bizarre.