Originally Posted by
Calchas
But IAG's prices have been deeply suppressed for the last few weeks. Several analysts have estimated the "target price" at 743 p, 91% higher than today. A good deal is a good deal.
So (and regardless of the accuracy or otherwise of analyst forecasts), the point being that the statement of no intent to increase the holding again does not mean a lot. Another future good deal would also be a good deal. It wouldn't surprise me at all if they took the holding up towards 30%, given the right opportunity.