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VAH virgin australia holdings limited

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a buy back ?, page-3

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01/03/18

21:47

Post #: 31465051
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Originally posted by geoleo ↑

The buyback was detailed in yesterdays news items.
Unmarketable parcels less than $500 may be brought back at $0.30 per share.
This will reduce the free float even further.
Their results were very good and I think the price is being held down at present.
They will have a new daily flight from Sydney to Hong Kong which should be profitable.

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So given it's small parcels this probably won't have much significance on SP. Can you explain further the 'free float' please ?

VAH Price at posting: 24.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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a buy back ?, page-3

Top Stories

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Capital Compass: Askari Metals advances Ethiopia strategy as permitting remains key focus

Civmec earnings: Profit climbs as $1.4b order book backs FY27 growth

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