Meanwhile, mayhem breaks out
So far today ILFC has been nationalised by the US Government as part of the AIG bailout, Macquarie Bank is down to around $28, Babcrook and Bloody Crook were at 75 cents and in free fall, and oil last time I looked was dropping but not as quickly as passenger numbers. QAN down 18 cents and VBA down at least 5 cents.
Somehow it could be a big risky ask, try saying that slowly, for a board to vote to buy lunch. Qantas needed those jets badly. Needed. I don't have the gift of seeing the future so clearly I can make a killing on the ASX but I know a really bad storm when I see one coming.