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I bought the stcok in Dec 2019 at 1.90 but got very ill in Jan before CNY, about the time when the pandemic broke out. I thought i had Covid and was hospitalised. I couldn’t monitor my stock during that time. After I recovered, I checked my stock and saw unrealised loss was nearly 45k. Stuck in since then.
In 1 year time AA will become a net debt company. To turnaround it will require consolidation within the industry. Either other airlines quit by virtue of getting acquired by AA(other airlines), or merging with AA/other airlines. Either way, none of these are positive to minority shareholders. It is a wonder to me that people haven't thought of how deep the shit Airasia is in.