Originally Posted by
B772
I have been told some of the initial buying interest in Virgin has waned. This being the case only about 12 parties are expected to lodge a non binding bid by the deadline of 6 pm today. This number will further dwindle with the passage of time due to the heavy baggage in the group. It could end up with no final bids acceptable to the administrator. In this event the administrator will be looking at liquidation.
Out of curiosity what would be a minimum bid by your guess or anyone else? Cameron Dick seems to think it’s as easy as going into administration the debt is gone and off ya go. This was what he said this morning on an interview with Karl Stefanovic