The shares are now starting to get closer to their true value. If Toll buy Patrick, they (Toll) will sell shares back to Branson for $1.40 per share (as per the ASX website). Considering he sold out at roughly $2.00 per share, he is doing okay.
Not much consolation for the pilot's who paid $2.25 in their $50,000 allocation. That $50,000 is now worth just over $32,000.