Thread: Virgin Blue AGM
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Old 28th November 2008, 09:38 PM
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Michael Morrison Michael Morrison is offline
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Cash was also still looking ok.

end June 08 cash was $605M and they said at end of OCT 08 cash was at $602M so they have quite a bit of liquidity. They also mentioned the first 777 was leased and the next 3 already ahd their financed approved. \


They also don't have any loans due for refinance and don't see a need for any capital raising. Forex is hedged around 0.88 US
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