1. The float price is indeed relevant as it shows the stock is undervalued.
2. Chairmans comments in Nov 08;
"In a year which saw the viability of all airlines challenged by unprecedented record fuel prices, Virgin Blue delivered a credible result for the 2008 financial year, with underlying profit after tax of $140 million.
During the last few months, we have completed a strategic review of the business and accelerated a fuel mitigation programme including commencement of a $50 million group-wide cost savings programme."
- I'm happy to buy in the 30's thank you very much.
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