VBA 0.00% 35.5¢ virgin blue holdings limited

Off the track of m & a a little bit, but BG pointed to a flat...

  1. 184 Posts.
    Off the track of m & a a little bit, but BG pointed to a flat year for the VBA operations. Whilst the $200m isn't a cash flow item it is really foregone profit - my point is that at current arefares, oil price and passenger numbers -profit (normalised) should be around $200M...current market cap $300m - risk/return looks OK to moi!!
 
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Currently unlisted public company.

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