Originally Posted by
mikalee
I would suspect earlier than planned disposal of a sub fleet of four aircraft of this size and value would have warranted a continual disclosure notice to the ASX. I would suspect they are in talks but no deal done yet.
what would these birds be worth ...$20m each? So an $80m sale and the terms would be material and require disclosure to the market.
it might well be the last flight but I doubt a deal has been done yet.
Isn’t it 5 aircraft?
I agree, the lack of announcement to the ASX tipped me off to the rumours being false and should have been the first thing any “journalist” checked before running the story.
I disagree about the likelihood of the deal described being in the works. But that’s just a matter of opinion I suppose.