PPRuNe Forums - View Single Post - Virgin Blue Share Price Plummets by over 16 %
Old 18th Jan 2005, 22:22
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TIMMEEEE
 
Join Date: Feb 2002
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Virgin Blue Share Price Plummets by over 16 %

Apparently VB shares just plumetted by about 16% on opening on the ASX today.

Data provided by VB detail facts that load factors are down by about 7% overall and as a result full year profit forecasts will be down this FY by 10-15 %.

Knee-jerk reaction maybe, but the analysts and institutional investors are not so keen for this stock apparently.
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