REX 0.00% 56.5¢ regional express holdings limited

REX - time for takeoff, page-16

  1. 6,458 Posts.
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    You are kidding me.
    So you missed the declaration that there would be no dividend and revenue has dropped 30%.
    All way before covid.

    Let's see the next revenue report shall we?

    You guys know how much domestic airlines make per seat in Australia right? $6


    And I can't believe the comment above that a $200 million infusion means the sp rises 65%
    It's only going there on fomo.

    The $200 mil will be allocated to expenditure.
    Anyway, if I ever see something like an entry point due to news then I'll come back.

    I'd probably enter now at 80c to be honest.
    That way there's a possibility of a 100% gain and only a possible 50% loss.

    Currently it looks like a possible 50% gain (on fomo) and a potential 60% loss.
    The risk isn't to my liking. But let's see.

    And having said all of that. If I get it wrong and it flys without me then great.
    All I can do is research and make a call.
    Good luck.
    Last edited by Tony barber: 20/05/20
 
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