Never read so much negative dribble.
Maybe negative, but a lot of these posts are probably dancing fairly close to the truth.
If one assumes that Virgin Blue Holdings is in compliance with ASX reporting requirements, then a deteriorating cash position must reach the market place. This applies to any public company.
That's the point at which it could get fairly serious from a day to day trading position. Creditors, particularly fuel companies, will be right on top of any adverse change in
VB's cash reserves.
Branson's comments the other day are interesting, but would he put good money after bad into this? Who knows.
