I don't think its "let's pick on Tiger time". Tiger airlines has been shut down due to serious safety maintenance breaches. It has nothing to do with Tiger not being an ASX listed company (they are a wholly owned subsidiary of a publicly listed company (which singapore airlines has a stake) on the Singapore exchange. Tiger's future is now hanging in the balance and I suggest it's future in Australia is doomed by these safety breaches. Naturally, Virgin and Qantas/Jetstar are going to benefit from the temporary (and possibly future) shutdown of Tiger airways. IMO.
VBA Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held