Problem is, when the CEO states "It could be sometime before we pay a dividend", who is going to invest their hard earned into an investment that may never give you a return. Even hard to see the par price rising given the competition Qantas, Jetsar and Air Asia are about to launch.
Yes.................if I were a sceptic, I may think that $200 million from naive investors would be a nice little amount to wind up operations in Oz and get back to Singapore.
