PPRuNe Forums - View Single Post - VA pilots worried about employment 2021
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Old 2nd Apr 2020, 03:06
  #775 (permalink)  
B772
 
Join Date: Aug 2000
Location: International
Age: 76
Posts: 1,395
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normanton I fail to see how VA has a net worth is between $500-800m. Net worth has nothing to do with daily share turnover value. Putting it simply the liabilities are greater than the assets. VA has to be careful they do not trade when insolvent. The directors are in a precarious position and have to be careful they do not breach their duties under the Act.
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