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Old 5th Dec 2014, 19:02
  #844 (permalink)  
LGS6753
 
Join Date: Jul 2003
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Rexbanner said:

these would be the figures that, as a private company, they are not obliged to publish so how do we know that they are correct? Funny how the passenger numbers keep growing by exactly one million each year. Could be utter fantasy for all we know.
Any figures published would be audited. Any other course of action could be considered potentially fraudulent.

If Wizz are doing so fantastically well then why no investors to their IPO?
Their IPO was pulled IIRC due to stock market conditions at the time. The Directors have a fiduciary duty (and many a personal one too) to optimise returns for shareholders. They will float when they can obtain the biggest buck for their bang.
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