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Old 26th Apr 2020, 11:28
  #343 (permalink)  
peacheyglobes
 
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Originally Posted by Jwscud
I suspect it’s more likely this is an exercise in proving to HMG that there is no commercially viable source of capital and thus a government loan is required.

My thoughts with my friends either side of the door at VS. Many of us may be sharing your situation soon.
It wouldn't seem to prove to HMG that as a dominant shareholder Virgin Group (including SRB himself) are unable to raise these funds. It may be saying 'look, we tried' but this doesn't show how SRB couldn't raise funds through for instance equity sale of his Virgin Galactic enterprise, or mortgaging of his own assets including Necker Island.
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