PPRuNe Forums - View Single Post - SIA buys $700 million oz this week
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Old 28th Sep 2001, 20:01
  #4 (permalink)  
Keg

Nunc est bibendum
 
Join Date: Apr 1999
Location: Sydney, Australia
Posts: 5,583
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If they buy the thing now, they will get all it's debt too.

Why do that when you can wait for it to go belly up, pick up whats left in a fire sale and start again with all your 'variable' costs like pay and conditions slashed to the bone!! Hard choice. Work for 25% less or don't work at all.

Ain't pretty but it works for them!!
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