VBA virgin blue holdings limited

virginafr: group swoops in for a bigger stake, page-2

  1. 19 Posts.
    I'm trying to work out what the big picture is with VBA, and the way that the Virgin group are buying up shares has me very confussed. I understand what they are doing by supporting the share price above $1.90, but they are buying a lot of shares, could this be a silent move for a take over? if so, PRK think that VBA are only worth $1.90 so the Virgin group offer PRK $1.90 will he sell, if thats what they think it's worth. Now if they don't sell, it will be interesting o see the response and statement from PRK about the offer price?

    As I said before, somebody is going to walk away from VBA looking very stupid, and to be truthful, I have no idea which company it will be.
 
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Currently unlisted public company.

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