Singapore Airlines holds 5M shares which last time I looked were worth about $8M in Tiger.. No big deal for SIA to lose the lot. I dont think it would be in Virgins best interest to buy Tiger Australia. The name is worth very little, the assets are small, and the planes are leased. Let the whole lot collapse and they will probably end up with 50% of the business for nothing, and they need to do nothing.
VBA Price at posting:
31.5¢ Sentiment: Hold Disclosure: Not Held
