Not sure, didn't branson already sell out his stake, but Virgin itself UK owns most of the stake?
"And then there’s Virgin Blue. Airlines are generally considered to be trading stocks. They become compelling buys when they are severely depressed. Although none of the major Asian-Pacific carriers fall into this category currently, Virgin Blue appears to have been oversold and is starting to look attractive relative to its peers. As we know, high oil prices have weighed heavily on airlines. Over the past few months, global full-service carriers have been de-rated an average of 10% (FY04 PER) and low-cost carriers (LCCs) an average of 7%. Price wars and downgrades of the European carriers have also raised questions about the whole LCC sector. VBA was recently de-rated 18% on negative sentiment and excessive selling following its FY04 result. Keep an eye on VBA calls if the stock continues to fall and look even cheaper- VBAXDC $1.75 and VBAXDD $1.50 calls.
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ABNAmro this am...
Not sure, didn't branson already sell out his stake, but Virgin...
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