VBA virgin blue holdings limited
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virgins rough landing, page-25

  1. Coburg
    1,488 Posts.
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    29/05/10
    18:18
    Post #: 6750029
    Further to VBA holding $800 mil in cash, if they stuck that into bonds or even some other interest bearing account only earning 4% interest, thats $32 mil per year, surely that covers debt payments ?

    Actually come to think of it, why dont they just stop flying planes and just live of the interest!
    VBA Price at posting: 31.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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