VBA
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0.00% 35.5¢ virgin blue holdings limited

g'day sabre,no i didn't buy any.reason being,1/ costs are...

  1. capman
    5,048 Posts.
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    01/07/08
    13:32
    Post #: 3932432
    g'day sabre,

    no i didn't buy any.

    reason being,

    1/ costs are rising
    2/ load factors are falling
    3/ capacity is increasing
    4/ cash stands at approx $150-200 million (minus the $450 million borrowed)
    5/ risks associated with financing current operation
    6/ risks associated with financing airplane purchase commitments

    so there are too many risks for me to be buying but i hope you make a heap of cash.

    cheers
    VBA Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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