Virgin Blue Prospectus
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Virgin Blue Prospectus
Can someone tell me how to successfully request on-line a copy of the Virgin prospectus. I have been trying now for several days from differnet PC's without success. Is it me or the web-site?
Thanks.
Thanks.
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Rudder I couldn't find a prospectus on the VB website, just an overview of fundraising goals. There is nothing on the ASIC site either except to say approval expected by the 17th November.
If you have access to the prospectus, could you give me the ASX code please.
If you have access to the prospectus, could you give me the ASX code please.
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Guys,
The prospecus is currently available on the website. This may help you out....
http://www.virginblue.com.au/shareof...Prospectus.pdf
The prospecus is currently available on the website. This may help you out....
http://www.virginblue.com.au/shareof...Prospectus.pdf
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Yep, that's the prospectus. Thanks 737 opsguy.
It will be interesting to see how QAN and VBA progress on the ASX over the next 12 months.
It will be interesting to see how QAN and VBA progress on the ASX over the next 12 months.
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Thanks to all for the advice. I have a copy on PDF format but there's so much to read a paper copy is obligatory.
On the fippant side, the spunks (females, of course) in the prospectus are much better than those in my barber's copy of Who Weekly. Worth it for that alone!
On the fippant side, the spunks (females, of course) in the prospectus are much better than those in my barber's copy of Who Weekly. Worth it for that alone!
Nunc est bibendum
Short memories?
Page 45 suggests that QF and Australian merged in September '93. They're only out by a year. QF took possession of Australian in September '92. (About the 11th I think?!?!). Wonder what else isn't as accurate as it should be! 
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AAP 14:01 AEDT Wed 19 Nov 2003
Virgin flattered by Qantas move
Virgin Blue part owner Chris Corrigan said the group was flattered by Qantas' decision to launch its own discount carrier.
Mr Corrigan's comments come after Virgin Blue began its march towards a listing on the Australian Stock Exchange, this week opening its retail offer to strong demand from the public.
"As Virgin Blue we have always said that we welcome competition and if that competition is going to come from Qantas, we welcome that," Mr Corrigan told reporters.
"One might say it is rather flattering that they believe that the best way to go forward with an airline in Australia is to copy Virgin Blue."
Australia's flagship carrier Qantas is launching a new discount domestic airline next May to take on Richard Branson's Virgin Blue in a head-to-head battle for travellers.
Qantas said last week it was in the final stages of negotiations for its new discount domestic carrier. Chief executive officer Geoff Dixon said the airline was close to deciding on a name, the type of planes to be used and where to set up the ventures head office.
According to Mr Dixon, Qantas controls around 70 per cent of Australia's aviation market with Virgin Blue controlling around 30 per cent.
Virgin Blue's retail offer is open to members of the public, employees and broker firms, with preference given to online applications and past customers whose names are on the airline's database.
The airline plans to raise up to $558 million ahead of a $2.3 billion float on the ASX proposed for December 8.
Virgin, jointly owned by Sir Richard's Virgin Group and Patrick Corp, has proposed floating 25 per cent of the company, offering shares at between $1.80 and $2.25 apiece.
Mr Corrigan was careful not to give too much away, but said the offering had been well received in the first few days since being launched on Monday.
"I don't think there has been any lack of interest to date," Mr Corrigan said.
The retail offer period, which closes on November 28, will be followed by an institutional bookbuild from December 3 to 5, with a final share price and allocation to be announced on December 8.
Once the IPO is closed, the airline will float with up to 1.06 billion shares including those owned by the Virgin Group and Patrick, giving it a market capitalisation of up to $2.3 billion.
İAAP 2003
==========================================
Virgin flattered by Qantas move
Virgin Blue part owner Chris Corrigan said the group was flattered by Qantas' decision to launch its own discount carrier.
Mr Corrigan's comments come after Virgin Blue began its march towards a listing on the Australian Stock Exchange, this week opening its retail offer to strong demand from the public.
"As Virgin Blue we have always said that we welcome competition and if that competition is going to come from Qantas, we welcome that," Mr Corrigan told reporters.
"One might say it is rather flattering that they believe that the best way to go forward with an airline in Australia is to copy Virgin Blue."
Australia's flagship carrier Qantas is launching a new discount domestic airline next May to take on Richard Branson's Virgin Blue in a head-to-head battle for travellers.
Qantas said last week it was in the final stages of negotiations for its new discount domestic carrier. Chief executive officer Geoff Dixon said the airline was close to deciding on a name, the type of planes to be used and where to set up the ventures head office.
According to Mr Dixon, Qantas controls around 70 per cent of Australia's aviation market with Virgin Blue controlling around 30 per cent.
Virgin Blue's retail offer is open to members of the public, employees and broker firms, with preference given to online applications and past customers whose names are on the airline's database.
The airline plans to raise up to $558 million ahead of a $2.3 billion float on the ASX proposed for December 8.
Virgin, jointly owned by Sir Richard's Virgin Group and Patrick Corp, has proposed floating 25 per cent of the company, offering shares at between $1.80 and $2.25 apiece.
Mr Corrigan was careful not to give too much away, but said the offering had been well received in the first few days since being launched on Monday.
"I don't think there has been any lack of interest to date," Mr Corrigan said.
The retail offer period, which closes on November 28, will be followed by an institutional bookbuild from December 3 to 5, with a final share price and allocation to be announced on December 8.
Once the IPO is closed, the airline will float with up to 1.06 billion shares including those owned by the Virgin Group and Patrick, giving it a market capitalisation of up to $2.3 billion.
İAAP 2003
==========================================
Interesting to hear the following is disclosed in the Prospectus.
1) Virgin Blue was owed $20,985,000 as at 30 Sep 2003 by Plzen Pty Ltd by way of unsecured loan.
2) Virgin Blue was owed $18,623,000 as at 30 Sep 2003 by Ivanco Limited by way of unsecured loan.
3) Brett Godfrey and other entities could receive payments up to
US$18,000,000
Also, rumours abound the Aust Taxation Office has been sniffing around looking at certain transactions.
1) Virgin Blue was owed $20,985,000 as at 30 Sep 2003 by Plzen Pty Ltd by way of unsecured loan.
2) Virgin Blue was owed $18,623,000 as at 30 Sep 2003 by Ivanco Limited by way of unsecured loan.
3) Brett Godfrey and other entities could receive payments up to
US$18,000,000
Also, rumours abound the Aust Taxation Office has been sniffing around looking at certain transactions.
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The public offering for DJ closed last Friday and the response was less than anticipated. The staff response has also been muted. It will be interesting to see how the institutions respond this week now the Jetstar plans have been announced and the bloodbath signalled.
Brett Godfrey joined Virgin Express in 1997 and when they went public in 1998 the offering was over subscribed 10 times !.
It will be interesting to see how the spin doctor at DJ responds with the final pricing at less than $2 per share.
Also, Brett is now being referred to as the 200 million dollar man.
Brett Godfrey joined Virgin Express in 1997 and when they went public in 1998 the offering was over subscribed 10 times !.
It will be interesting to see how the spin doctor at DJ responds with the final pricing at less than $2 per share.
Also, Brett is now being referred to as the 200 million dollar man.
Interesting times ahead, that's for sure.
I think it would be a brave man making heavy investments now the battle lines are drawn. The fund managers are traditionally conservative in relation to aviation ( having been burnt before) and I think its hard to see them betting against QF ( in their many and varied forms)
I think it would be a brave man making heavy investments now the battle lines are drawn. The fund managers are traditionally conservative in relation to aviation ( having been burnt before) and I think its hard to see them betting against QF ( in their many and varied forms)
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Skyhawk XP wrote:
"Brett Godfrey joined Virgin Express in 1997 and when they went public in 1998 the offering was over subscribed 10 times !."
.....and we all know what's happening to Virgin Express don't we?
"Brett Godfrey joined Virgin Express in 1997 and when they went public in 1998 the offering was over subscribed 10 times !."
.....and we all know what's happening to Virgin Express don't we?
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Plzen Pty Ltd is owned by Chris Corrigan's Lang Corporation!!
So VB has kindly loaned $20 million to part owner Lang Corporation. Maybe Chris and Richard will ok a loan of other shareholders money to me if I buy some shares.
772 said:
So VB has kindly loaned $20 million to part owner Lang Corporation. Maybe Chris and Richard will ok a loan of other shareholders money to me if I buy some shares.
772 said:
Interesting to hear the following is disclosed in the Prospectus.
1) Virgin Blue was owed $20,985,000 as at 30 Sep 2003 by Plzen Pty Ltd by way of unsecured loan.
1) Virgin Blue was owed $20,985,000 as at 30 Sep 2003 by Plzen Pty Ltd by way of unsecured loan.
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Branson to sell down to 25%
Dow Jones
Tuesday December 2, 5:49 PM AEDT
BRISBANE (Dow Jones)--Australia's second-biggest airline Virgin Blue said Tuesday that its initial public offering will be increased in the wake of strong interest from local and international investors.
Richard Branson's privately held company Virgin Group which holds a 46% stake in Virgin Blue, therefore may increase the number of shares it sells as part of the A$500 million-plus IPO.
Virgin Group intends to retain a 25.1% stake in Virgin Blue, from its previously proposed 29.1% holding.
"If Virgin Group's stake in the company is sold down to 25.1%, the free float of the company will increase from 25% to 29% (or approximately A$612 million at the midpoint of the indicative price range)," Virgin Blue said in statement.
The retail offer closed Nov. 28, and the institutional offer is due to open Wednesday and close Friday.
A final decision on allocation will be made at the conclusion of the institutional offering, Virgin Blue said.
Goldman Sachs JBWere and Credit Suisse First Boston are joint global coordinators to the offer.
Following the completion of the IPO, Virgin Group intends to maintain a significant stake in Virgin Blue in the long term as part of Virgin Group's global airline strategy.
As detailed in the group's 178-page prospectus, Virgin Blue's other major shareholder Australian transport group Patrick Corp. intends to maintain a 45% stake in the airline.
Virgin Blue, which has grabbed a 30% share of Australia's domestic aviation market since takeoff in August 2000, will make its debut on the Australian Stock Exchange on Dec. 8.
============================================
Tuesday December 2, 5:49 PM AEDT
BRISBANE (Dow Jones)--Australia's second-biggest airline Virgin Blue said Tuesday that its initial public offering will be increased in the wake of strong interest from local and international investors.
Richard Branson's privately held company Virgin Group which holds a 46% stake in Virgin Blue, therefore may increase the number of shares it sells as part of the A$500 million-plus IPO.
Virgin Group intends to retain a 25.1% stake in Virgin Blue, from its previously proposed 29.1% holding.
"If Virgin Group's stake in the company is sold down to 25.1%, the free float of the company will increase from 25% to 29% (or approximately A$612 million at the midpoint of the indicative price range)," Virgin Blue said in statement.
The retail offer closed Nov. 28, and the institutional offer is due to open Wednesday and close Friday.
A final decision on allocation will be made at the conclusion of the institutional offering, Virgin Blue said.
Goldman Sachs JBWere and Credit Suisse First Boston are joint global coordinators to the offer.
Following the completion of the IPO, Virgin Group intends to maintain a significant stake in Virgin Blue in the long term as part of Virgin Group's global airline strategy.
As detailed in the group's 178-page prospectus, Virgin Blue's other major shareholder Australian transport group Patrick Corp. intends to maintain a 45% stake in the airline.
Virgin Blue, which has grabbed a 30% share of Australia's domestic aviation market since takeoff in August 2000, will make its debut on the Australian Stock Exchange on Dec. 8.
============================================