VBA= Value Buy Asx.Go back to June 2010, VBA at approx 31c, QAN...

VBA= Value Buy Asx.

Go back to June 2010, VBA at approx 31c, QAN at approx $2.20

Now, VBA at 31c, QAN $2.09.

IMO, VBA growth potential over the next 12months is great, news on Delta still to come, not to mention the much talked about "Asian strategy".

Air NZ saw value in VBA at 40c plus.

Also, JAL looking at dropping out from One World and joining Star Alliance. This would be another blow for QAN.

Don't forget that Mr. B was a "guest" at the recent star alliance conference in Queenstown NZ.