My thoughts also.
He may need to sell more ALK to fund ASM but it is not super urgent, as in ASM CR in next 3 months. On that subject, my simple take is that IG cares more about ASM than he does about ALK. That simple.
He is far more involved and front and centre at ASM (although a little less so since Rowena became CEO), and I think its his RE baby. This would be fine if he had other liquidity and was selling something else to fund his baby but the fact that ALK is first up on his disposal list is not good for ALK short term (or however long it lasts). Although he is now down to I think 18%, quite a decent drop now from 27 or 23% was it (someone pls correct me).
I am not anti IG, this is equity markets, and I accepted this when I bought in again recently.
Disclosure - I also hold ASM.
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My thoughts also.He may need to sell more ALK to fund ASM but it...
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