fcoolaiddrinker

Good point except the millions part. Try billions in an ipo. I’m sure they did their due diligence on that already. There were no buyers. Anything can happen I guess.

NWSteeringArmer

Ive said this 20 times on here... INDIGO IS NOT SELLING THIS PLACE!!

fcoolaiddrinker

You can say it 50 times, it’s still a guess. We’ll see. By the way everything is for sale.

Aero1900

Well, I suppose our definitions might be different. Spirit stock did do very well for a while but it's been going down for a while now. It once traded for 80 bux and is now less than 40.

Currently the market cap is 2.5 Billion

FlyGuy2002

the IPO could initially raise a lot of money for sure. The rub is the lockout period. Franke and other stockholders cant sell their shares, generally for 3-6 months after the IPO. Nobody has a crystal ball. Let’s say IPO price is $25 a share, there’s zero way of knowing where that stock might be in 6 months. What If it’s $18 a share? What if it’s even less? What f Franke wants to sell it a year later but the board of directors doesn’t? When the company is public, there is a lot more moving parts and people involved. No way of telling after the lockout period is up exactly have much money you would make. Some recent IPOs like shake shack, Uber, Lyft and others sky rocketed out of the gate then tanked. If someone came in a offered 2 billion for an airline he bought for 200 million, why the hell even roll the dice with going public?

full of luv

Bernie Bros.....is that you?

fcoolaiddrinker

Now your in the ballpark. A sale Frankie is giving up f9. In an ipo he’s not. It’s that simple. Ipo allows him to risk other people money to pay for expansion and protects his in a potential downturn. Having said that I’m sure there’s a dollar amount he would sell for but clearly that hasn’t happened. As far as knowing the value of the company in the future. It’s is based on price to earnings to some extent. It’s not like there is no way of knowing or predicting. We should know that number in two weeks. Until then this is just all speculation.

TooMuchTime

Not sure, but the valuation is dated to 12/31/19. Take a look at airline stocks and be very thankful for that. They're down 15-30% since then.

fcoolaiddrinker

The valuation on dec 31 2019 came in slightly over 2.5 billion. Looks like that was from at least two independent banks. It’s probably close to 1 billion less today.

Cardinal

About 18% higher than the S-1 number and prior FAPAInvest guidance. Nice surprise!