Which other (profitable) airlines run on Negative Equity?

... THIS DUST NEED TO BE SETTLED...

@actuary seems @Ericsson did not go to school.. Could we team up and send the guy for gumbaru

Your wish sir. Let ur wish be granted. Out for my gravy wkd now.

Closes the day with full reversal only one session away from cautionary announcement date.. But then over 4m cumulative shares have been traded at KES 5.15 to KES 5.75.. Think about it someone who bought shares worth KES 5,150,000 two days ago, is now worth KES 5,750,000.. Only cocaine offers a better return in such a short span

none of the questions above are answered apart from number 4 & 5.. By October we will have a profit and bulk buyers have appeared at KES 5.75 which is the new floor pending issuance of the new shares pro rata, since there is no way on earth that the minority shareholders will be diluted without any due regard. That analysis from Genghis Capital claiming KES 1.2 as the diluted price per share, is weaker than Mugabe's knees.. My forecast, KQ shareholders will have the right to subscribe to 20 new ordinary shares for every 5 ordinary shares held on the register closing date at a price not higher than KES 5.50 per share, with the new allocation ranking pari passu

At the exchange bar right now.. On Monday, the upward trend gains new life. I will explain later

I sought a response to the query and it was availed but I can't recall the content.. Meanwhile, the shareholder approval for KQ rights issue will be classified as primary business at the AGM slated for 28.09.2017

5 key questions to ponder prior to dismissal of PJT Partner's KQ restructuring deal and its subsequent ripple effect on the share:
1. Exactly/approximately how many new shares are being created?
A. Not less than 3.5B new shares
2. What price was agreed for the purchase of each new share
. Or maybe this wasn't discussed?
A. This will only be known upon shareholders approval to the arrangement in late September.. Speculation to a positive skew will therefore be at play until then, due to the capital restructuring success
3. Will the new issuance imply that minority shareholders get diluted with no recourse
pro rata
?
A. No. Every existing shareholder will be offered a chance to defend their rights so as to retain proportionate holding.. However it is likely to be a large cash call
4. When will KQ turn a profit
at the earliest?
A.Half year 2017/2018
5. Why are there no bulk sellers since the cautionary statement filtered out. Could it be that investors are eagerly waiting to sell at KES 2 to @spikes & Co
A. Recent volume and price activity suggests upwards trend with upper limit of KES 10 per share a live possibility

Which experts have been brought in again?