RE: Virgin European 100m valuation25 Nov 2018 13:02
You’ve got to take into account that FlyBe is a distressed company - potential suitors could just let it go to the wall and then take their chances picking up the slots in a firesale.
I can’t see that happening personally, though it’ll influence any price offered. I can’t see £1/share personally, though IMO 60p might be possible, which is still multiples of where we are at the minute. GLA