PPRuNe Forums - View Single Post - Virgin Blue to shed 400 jobs ....
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Old 19th Feb 2009, 03:58
  #34 (permalink)  
43Inches
 
Join Date: Oct 2007
Location: Aus
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DJ go to the market with a share price at 25cents. The amount of shares required to be sold to raise a reasonable, worth while amount would dilute the existing shareholders so greatly it would not be in their interest (as they have already stated).

I think only the accountants and management would have an idea of the companies cash position, that is until they release the papers next week. Hopefully its reasonably good news.
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