PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
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Merged: Virgin Blue Share Price - how low can it go and for how long?
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9th Sep 2010, 12:31
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VBA Engineer
Join Date: Feb 2007
Location: Sydney
Age: 60
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Well then how on earth do they rack up another 42 million dollar loss?
Come on please, this is not hard to see.
Just look at the last 2 annual reports for the company, it is there for all to see.
There is no magic in the last month that now makes it all suddenly break even.
Best options are as stated here many times over many many months:
http://www.pprune.org/dg-p-reporting-points/417038-virgin-blue-cut-domestic-international-routes.html#post5732578
http://www.pprune.org/dg-p-reporting-points/364779-v-aus-how-going-5.html#post4790027
http://www.pprune.org/dg-p-reporting-points/362854-v-australia-gets-aoc.html#post4730749
http://www.pprune.org/dg-p-reporting-points/362854-v-australia-gets-aoc.html#post4730916
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