Hobie, how have you worked out that RYR is worth 7 Billion Euro?
You have to have assets to be worth that type of money. As we all know RYR leases it's aircraft so I don't understand how it could be worth that type of money. 3-4 Billion but not 7.
The other assets the company have is it's staff and maybe the HQ. I don't think the HQ is worth the extra 3-4 Billion though
, so the rest of the valuation must be the staff that work for the company then.