should be investigated by ASIC IMHO.
Trading will have to be halted tomorrow for SYD as the SP completely tanks.
Cannot see a bail out, only a complete renationalization would be appropriate as the moral hazard for what Geoff Culbert and the SYD Board/ Executive have done should not be rewarded IMHO.
I would be surprised if QAN, VAH, REX, AIZ, Singapore and the other airlines kept their planes on the tarmac or even continued to operate into or out of Sydney Airport due to the credit risk.
An impounded fleet in the event of voluntary admin would not be good for the airlines.
- Forums
- ASX - By Stock
- SYD
- nsw border restrictions
nsw border restrictions, page-18
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online