Its interesting Virgin's market cap is 600 million and I think they want 1.4 billion.
Qantas cap is 4.7 billion and I think they wanted more than 4 billion..
Wow.
And look at the government stimulus spend compared to Qantas market Cap!!!
https://www.news.com.au/travel/travel-updates/health-safety/coronavirus-virgin-australia-wants-14-billion-bailout-to-keep-flying/news-story/333de7ced66f35ed3cc624a5d6705211
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- Time to bankrupt the airlines and raise new entities via a public float, taxpayers to get the returns
Its interesting Virgin's market cap is 600 million and I think...
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