re: i am buying Patricks is a great company but virgin blue is not.
Dickie Branson walks away with a billion for a miniscule investment.
Now there is a smart man.
Patricks takes over its big investment and will i believe attempt to paste over all the cracks before offloading it again.
Interesting that the profit warning came out when it did,i wonder how many VBA Corrigan picked up in the last couple of weeks.
Watch the announcement of a pacific US route in the near future after a takeover.
Virgin will always struggle in our small market and i would have thought it was a crappy move to take them over but the market has spoken seems to think otherwise,at least for now.
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interesting, page-5
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