Plenty of positives for VBA...
1. SP is now back to where it was 2 mths ago when the following was announced;
S&P/ASX 200
REMOVAL
CODE NAME
SGB ST.GEORGE BANK LIMITED
ADDITION
CODE NAME
VBA VIRGIN BLUE HOLDINGS LIMITED
2. OIL is now under $40/barrel.
3. V Aust launch coming in Feb.
4. VBA float price in 2004 was ABOVE $2, now trading at 37c.
5. Probability very good that Divis will be back soon.
6. Chairmans address in Nov...
"During the past few months, industry rationalisation on a regional and global scale has gained momentum. We expect this to continue and believe that economic conditions will drive further need for consolidation, including merger activity, across the industry."
Plenty of positives for VBA...1. SP is now back to where it was...
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