Originally Posted by
markontop
Fair enough.
However as you are so knowledgeable what was their total asset position?
Also I’m sure they acquired Australian airlines on favourable terms, know anything about that?
As for privatisation I’m sure they fattened the cow before the float. Imagine if the mum and dad shareholders lost money.
I've been trying to locate a copy of the Qantas public share offer prospectus but I haven't been able to find an online version, so no, I can't comment on the asset position.
As to Australia Airlines, they were acquired by Qantas for $400 million back in September 1992.