back to 0.55 + (forget about 0.42)

I think you can forget about 42c, Virgin Blue's prospects are a lot rosier now as confidence resumes; many businesses & holiday makers postponed their travel plans.

Now there will be a catch up with a lot more travel occurring. With a capital intensive business increased volumes rapidly add to profitability.

Ticket prices are very attractive; ... not really a barrier to travel.

My view of the VBA price is well north of where we are now.

DYOR, ... but I think soon you'll see the price well above 0.55. (IMHO) (A 10% plus profit over say a week or two is a pretty good rate of return).