Thread: Ryanair - 9
View Single Post
Old 10th Jul 2015, 21:17
  #2801 (permalink)  
Join Date: Oct 2011
Location: Dublin
Posts: 2
In actual fact they will show a huge profit on it because they wrote down the value of it to virtually zero years ago.
Would be good to know if they wrote down all costs or just the share price. Would be very surprised if they come away with a profit after more less 9 years of legal fees.

Also did MOL want to sell or was it more less taken out of his hands. Will be interesting to see what he may say in the coming weeks as they were hell bent on appealing to Europe a few weeks ago. Glad shareholders saw sense.
EI-A330-300 is offline