VAH virgin australia holdings limited
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Ann: VAH (Administrators appointed)- Sale and Implementation Deed, page-69

  1. jimk3758
    23,989 Posts.
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    28/06/20
    15:55
    Post #: 45498429
    We all know VAH liabilities are more than assets. That is a negative net value due to liabilities but assets have a positive value. We all know VAH has a negative net value and creditors will take a loss.

    You think the Bain offer will be less than $1B. I'm saying the assets are worth more at fire sale liquidation.

    If you are saying Bain will pay creditors plus $1B the question is how many cents on the dollar.

    So exactly what do you mean saying the Bain offer being less than $1B?
    Last edited by jimk3758: 28/06/20
    VAH Price at posting: 8.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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