VAH virgin australia holdings limited

Virgin seeking $1.4bn bailout., page-7

  1. 804 Posts.
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    If the lifeline includes a provision which the debt converts to equity, would screw foreign owners, so it could work. Virgin becomes viable, the government then sell off its shares at a profit. Taxpayers wins, virgin's employees, suppliers win, Australian consumers win.

    Seems logical to me
 
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