safe entry today, page-8

I agree the minimum even after a big fat loss it went last year was 18.5 cents.

So seeing that the value should at least be 40 cents .

The company has 800 million in cash.

If I was Singapore airlines I would say lets buy virgin its cheap . They could probably use the 800 million in cash to buy it.

So the company is worth less than the cash it holds ?

At the end of the day opus got bought by singtel so why should singapore airlines or maybe malaysian airlines or maquarie make a bid for this airline.