PPRuNe Forums - View Single Post - Things not looking too rosy at Virgin Blue...
Old 22nd Aug 2005, 03:04
  #27 (permalink)  
Beer Can Dreaming
 
Join Date: Nov 2003
Location: Melbourne Aus
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Jetblues.

Sure thing mate.
As you predicted it certainly has livened up the Virgin Blue share price.

It's slumped to $1.60 - its lowest price in history.

I bet all those Mum and Dad investors still in (that didnt lose 20% in the $1.90 Patricks offer) will be glad they hung on to those shares.

Down almost 30% on their IPO price.

Now imagine if they'd invested that money in BHP/RIO Tinto or Macquarie Bank shares???
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