High volume is all the suckers from Toll given freebies and selling blindly as Toll destroys it's only core growth asset by giving it away at the manipulated shares price levels due to the previous limited stock. It's a once in a liftetime opportunity to get the best run airline in Australia. The funds ran it up to 1.25ish and then shorted it back down since it was the last time it could manipulate the price.
I think VBA should be at least 1.40 currently, that's my opionion but since NTA of its planes alone is 70-80c alone and V Australia is in the bag it would be taken over in 3 seconds by another airline if Branson wasn't in. Branson won't sell for less then $2-3 at least I reckon, so its a massively bargain basement price at the moment. Also it has more fuel effiecient aircraft then QAN, QAN will have to do a massive rights issue again in the next 2-3 years or so to buy some new planes, that's why Dixon is hinting about mergers. AIZ is a target for QAN now if it can get it since it's a cheap entry into some new planes ;)
Oil should fall through $100 soon, then back to $60 and finally back to $30, so VBA could be $3+ in a few years I think, maybe more with V Australia!
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