Merged: Virgin Blue Share Price - how low can it go and for how long?
Join Date: Aug 2006
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Share Price rocketing 15% in a few days when the markets are going down??
People who need to know what's happening already know, those that don't know, don't need to know, stay tuned.
Sorry to be a bit cryptic but that is the way it is.
Its a saying known by most, but someone wise said "You can make small forune by buying airline shares - just start off with a large fortune".
From memory the float was at something around around $2.00 originally and was massively oversubscribed. With a few blips, the share price has sat around the 50c mark for months. Yet has moved from 56c to 65c in a few days when the ASX is heading South.
Something indeed must be happening. I have just looked at the market depth and with the exception of a few extremely large "off market" transactions after the market closed (in themselves very interesting), the majority of trades and unfilled bids are in smaller lots. I wonder if these are buyers who are "in the know"?
7378FE Did you buy any this week?
From memory the float was at something around around $2.00 originally and was massively oversubscribed. With a few blips, the share price has sat around the 50c mark for months. Yet has moved from 56c to 65c in a few days when the ASX is heading South.
Something indeed must be happening. I have just looked at the market depth and with the exception of a few extremely large "off market" transactions after the market closed (in themselves very interesting), the majority of trades and unfilled bids are in smaller lots. I wonder if these are buyers who are "in the know"?
7378FE Did you buy any this week?
Join Date: Dec 2002
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Buying in at float is a bit amatuerish though. Hype and bull**** is the way i see it. Have a look at Myer - not sure how its going now but that was a way to lose a fortune in a short period...
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Yep
Propjet88,
It was around $2.65 approx, and been down to the mid $0.30's. For new investors DJ may look tangible, good luck to em. For the others who bought in at $2.65 (or whatever the accurate figure is to the cent ) and were in for the long haul, well all you got was the knowledge that you made a handful of mates very very rich.
If you were to invest, I would hold off until the individual/individuals who have ridden on top this steady decline since launch day finally depart once and for all.
But dont panic, if you haven't invested, VB always rewards staff with fabulous sausage sizzles in which Management dress up in 'flairish' aprons. Thats gotta be worth something ?
From memory the float was at something around around $2.00 originally and was massively oversubscribed. With a few blips, the share price has sat around the 50c mark for months. Yet has moved from 56c to 65c in a few days when the ASX is heading South.
If you were to invest, I would hold off until the individual/individuals who have ridden on top this steady decline since launch day finally depart once and for all.
But dont panic, if you haven't invested, VB always rewards staff with fabulous sausage sizzles in which Management dress up in 'flairish' aprons. Thats gotta be worth something ?
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Whispering "T" Jet
HotDog says........
for QF and Jetstar 
Tiger look like being around for "long time" too. Cheap fares are here to stay - we'll for the moment anyway!
It is so frustrating...................
Tiger look like being around for "long time" too. Cheap fares are here to stay - we'll for the moment anyway!
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Whats been happening. Was happy days around 75c now almost hitting 40c. Lost half its value in a month or so.
On a brighter note, could be a great buying opportunity in the next few months!
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Virgin merger on cards.
See:Virgin Atlantic merger on cards | The Australian
RICHARD Branson wants to merge Virgin Atlantic with another airline to keep it big enough to take on rival carriers.
Sir Richard said: "If it becomes impossible for us to remain an independent airline and survive, we may come to a situation where we have to consolidate."
Sir Richard said: "If it becomes impossible for us to remain an independent airline and survive, we may come to a situation where we have to consolidate."
Join Date: Feb 2006
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Pan pan pan. DJ shares rapid descent. Request clearance to level off prior to insolvency...... The smoke and mirror business model could only fool some of the people for so long......
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You twats you guys.
Read the frigging media release. Blackrock has sold over 40million shares in the company hence why we have seen alot of shares trade hands.
The profit downgrade didnt help, but its not the main reason!
Read the frigging media release. Blackrock has sold over 40million shares in the company hence why we have seen alot of shares trade hands.
The profit downgrade didnt help, but its not the main reason!
Twats?? Skystar320 I merely posted a benign comment relating to a Media Release this morning. Nothing to do with Blackrock's selldown of shares announced previously. The 25% drop is directly linked to the announcement this morning before trade commeced on the stock exchange i suggest. I have no axe to grind.