PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 16th Apr 2008, 00:07
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Skystar320
 
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So we are talking about a company that makes $100 million every year with debt only associated with assets shutting down in 12 months. Sure that makes sense. Ansett only made one profit in two years of the last ten ( and those were only after Big Ed did some asset sales) and had 2 Billion in debt when it tanked. Can't see the comparison although if pax numbers dive it could be a different story.
Beep WRONG! how about looking at the facts before you post mate
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