PPRuNe Forums - View Single Post - APA Qantas Bid Strategy
View Single Post
Old 14th Apr 2007, 01:36
  #13 (permalink)  
Wingspar
 
Join Date: May 2006
Location: Australia
Posts: 396
Received 0 Likes on 0 Posts
I just love how APA will charge QANTAS consultancy fees for their expertise while still publicly listed!

They had to disclose that 4 billion will be extracted after just one year (remember they put up 3.5 billion in the bid and the rest in debt). To add to this rape, the loans are even more restrictive so when disaster strikes (I hope I am wrong) the banks will come calling. Also while they own 70 % APA cannot get their hands on the 2 billion in cash.

Airlines...how to make a million?

Invest 10!
Wingspar is offline