PPRuNe Forums - View Single Post - Virgin loses $767K a day.....for how much longer?
Old 21st May 2017, 06:23
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AviationParasite
 
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True about 1900 days. I forgot the Fed might raise interest rates 0.25% and since most of 1.5-2 Billion in debt is probably in USD that about 5 million-ish in interest. Plus FX drop of AUD to USD to about 70c. So (carry one one, add the word underlying to every statement) about $700K a day underlying?

Originally Posted by porch monkey
Why would Branson give a ****? He sold the majority of his shares years ago. He's down to 5%. Any way, to answer the question posed, at that rate and according to the last bank statement released by Borghetti, about 1900 days, I guess.
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