VAH 0.00% 8.6¢ virgin australia holdings limited

News: VAH Virgin Australia Administrators Say Do Not Expect Enough Recoveries To Fully Pay Creditors, page-14

  1. 3 Posts.
    So, one more time Retail shareholders have been wiped out completely.

    I have a couple of questions for the Virgin Board, the Administrators, the Senior Management, the Bankers/Funders and and the Regulators.

    1. How can a company that only made a profit twice in the past 10 years, be allowed to get into debt of $7 billion+?
    2. What actions have been or will be taken to hold those responsible for this situation accountable?

 
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