VBA virgin blue holdings limited
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virgin green, page-16

  1. Shares888
    184 Posts.
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    14/10/08
    09:58
    Post #: 4385789
    You would think so - why isn't anyone seriously buying (except maybe one buyer last week?) Nearly 700m shares traded since they went ex-TOL (70% of company). Is there something we are missing? Leasing/funding issues for unfunded V Fleet? Are they long oil at a higher price? (yes - I know last announcement said hedged with options at $112 - has something changed?) What about currency hedging for oil and V? Ostensibly this company is now trading on 2x earnings (at spot oil)and .5x book - any thoughts?
    VBA Price at posting: 28.3¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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