PPRuNe Forums - View Single Post - Government Loan to Virgin Australia

22nd Apr 2020, 13:07

#1009 (permalink)

KABOY

Join Date: Feb 2006

Location: Bottom of the Harbour

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Quote:

Originally Posted by No Idea Either

Obviously a lot Norm.......

The best analogy for this situation is buying a phosphate mine in Nauru with all the heavy equipment included.

You buy it for a bargain, but what is the value of the business?

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