VAH is not a bargain, it is a dog. From the article I have read,...

VAH is not a bargain, it is a dog. From the article I have read, they have a debt of 900 million, I think it is mostly US dollar debt, so if the Aussie dollar keeps going up, it will be good for them, but if the Aussie falls, it will be devastating.

http://www.macrobusiness.com.au/2011/11/equities-spotlight-virgin-blue-holdings-ltd/

Thats the article there, i would not buy vah, there was a suckers rally recently which the insiders sold into, if you are still in, this stock probably will fall lower.