VBA
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0.00% 35.5¢ virgin blue holdings limited

The major losses is due to the financial hedge????That is...

  1. cmbchina
    220 Posts.
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    27/08/09
    10:42
    Post #: 5561936
    The major losses is due to the financial hedge????

    That is because they made a wrong hedge on the aviation fuel. That is unexcusable if the loses is not due to the opration but financial hedges

    The company's financial controller should resign for this

    But fundamentally, we are really appreciating that the company had been operating on a very good foundation even during the financial stress period
    VBA Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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