There cannot be a clearer example of predatory pricing than what Virgin has done to Qantas over the last 15 years! How can the majority shareholders (foreign companies) of Virgin knowingly be allowed to engage in predatory pricing to hurt an Aussie company(Qantas) How can Virgin be allowed to not make a profit for 15 years?
Caronavirus was not Virgin’s downfall - mismanagent and predatory pricing was their downfall.
Shame, Shame, Shame on you foreign shareholders of Virgin!
VAH Price at posting:
8.6¢ Sentiment: Sell Disclosure: Not Held