Originally Posted by
crosscutter
Rex the street fighter has entered the boxing ring and come up against seasoned professionals. They are punching as hard as they can but a resurgent Virgin has everyone’s attention. Rex will need recapitalising to continue their battle and so their position will depend on the willingness of their Singaporean masters. Virgin is the real story to come (best LF last few months) no matter how often
JS wants to pretend he’s significant or relevant.
You're right. VA appears to e doing very well at the moment. JH has forced a discipline on the business that it lacked over the past decade. She has not engaged in the stupid word games with Sharp leaving that the AJ but instead is responding as necessary taking advantage of the existing VA and Velocity customer bases.
It looks increasingly like Bain is going to make millions from its VA investment. I doubt Bain is interested in saving REX from its folly even though I think that was Sharp's fallback plan.