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Old 17th Nov 2004, 00:02
  #6 (permalink)  
TIMMEEEE
 
Join Date: Feb 2002
Location: Sydney, Australia
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Ah Johnny, nothing like a dose of reality to rub it in one's face.

DJ737, it was VB that kicked up a stink and demanded that the figures be published and made public.
They are now as a result and clearly they dont meet any of the expectations listed in VB's web site.

Call it false advertising maybe?

VB's 6 monthly results have just been released and although a profit was delivered, it was far short of expectations.

Net ordinary profit down 2%.
Operating expenses up 31%

The share market has responded with a 3% decrease in their share price.

Looks like they realise that JetStar are here to stay and have severly eaten into VB's ability to expand.
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