Ann: VAH Transfer of Shares and Delisting, page-4

What occurred with VAH is a salutory warning to anyone considering (eventually) "investing" in the 'new' Virgin Australia.

DYOR, but airlines are not for me to hold as scrip.

I cannot give advice and don't seek to but caution can be very wise, as prospective holders may be purchasing with euphoria at a time when there has been pent-up travel demand. This can't continue to infinity.