PPRuNe Forums - View Single Post - Virgin Blue IPO 10 times oversubscribed

5th Dec 2003, 16:49

#3 (permalink)

HotDog

The Reverend

Join Date: Oct 1999

Location: Sydney,NSW,Australia

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It's a matter of timing MoFo, isn't it? Cathay Pacific shares were down to HKD8.40 during the SARS epidemic last March. To-day they closed at HKD14.90. That's 56.3% rise in nine months. It all depends what airline shares you buy.