Stage One of why I suspected the stock would be at 60 cents by about year end is now complete, with the tie up final approval btwn Virgin Australia and Singapore Airlines. Now for Stage Two - the hiving off of Tiger Oz from Tiger Asia and it's absorption into Virgin Australia. That gives us a Virgin Lite to be the new Jetstar level - low cost carrier for Virgin. It will then be properly managed and profitable and we have a premium and a separate budget airline, which is becoming absolutely crucial to survival of old world carriers such as Qan and British Airways if they want to survive in the new world.
VIRGIN Lite - "Go you good thing"...
VBA Price at posting:
35.5¢ Sentiment: Buy Disclosure: Not Held
