Virgin Value

The Steeply Falling Share Market Has Done Toll Holdings No Favours in Its Efforts to Sell Down Virgin Blue, With Airline Shares Hit Harder Than Most.

Vb is Now Priced Below What Patrick Paid for It, Let Alone What Toll Paid Patrick for It, Despite the Airline Having Since Gone Into Freight More Seriously, Into the Smaller E-jets, and About to Go Long Haul With V Australia. Capital and Establishment Costs Plus the Tight Labour Market in Critical Areas Also Means Any New Owner Will Need Deep Pockets to Fulfil These Expansions.