VBA virgin blue holdings limited

Godfrey states feb sales down 4%. A drop in sales is not good,...

  1. 525 Posts.
    Godfrey states feb sales down 4%. A drop in sales is not good, but I'm sure alot of business's would like to say their sales are only down 4%. Many more listed co's have dropped much more than that.

    A couple of weeks ago VBA was 37-38c now 25c. Drop of 33% in share price. Thus IMO VBA oversold.

    But, in these volatile times, any things possible. SP could be 16-18c soon.

    Does anybody see SP at 16c next week? If so what possible outcomes can you see to cause this?

    With the bushfires, floods and economic occurrences, everything in the world has gone crazy(or so it seems). I've been wrong alot in the last few months, I'm probably wrong now. Keen to get others opinion, negative or positive.
 
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