PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 15th Jul 2008, 07:30
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Betsy
 
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ANstar Wrote: Betsy, Branson was trying to buy more of Virgin Blue back at around $1.80 a share at the end of last year. Toll rejected that.
What I meant was why didn't RB take up some/all of Toll's shares yesterday? He obviously knew they were going to offload. And at Friday's closing price 50.5c it was a bargain compared to $1.80.

Or is he hanging around for the price to drop further and then sweep in?


To DJCCGuy - DJ has to change regardless - it simply can't survive in its current form. I took a DJ flight on the weekend and they were handing out those free earphones in the hope many would pay for the Foxtel onboard. I took one and only used it for the preview. You gotta wonder how much money is being wasted - totally unnecessarily - on those everyday.
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