O/T Coronavirus Thread (3)

[WanChaiMiller]

Failed to get a loan from Aus Gov.

[animallittle3]

Branson’s company holds 10% shareholding in VAH hardly bailing him out

There are other sources that lend companies money , as far as I'm aware the government isn't a bank and the UK taxpayer aren't shareholders either .

He could even use his own money .

[gm_gm]

There are other sources that lend companies money , as far as I'm aware the government isn't a bank and the UK taxpayer aren't shareholders either .

He could even use his own money .

Its not about RB Animal, all he does is use his brand to launch, raise funds, attract investment in his brands and then keeps a minor shareholding.

I agree and have posted they have made what was considered a poor attempt (basically a shyte application) to ask for aid, they have said they have tried to attract equity investors but the evidence suggest they havent tried hard enough.

in essence this isnt about Richard Branston, its about the Virgin brand.

Wan says that the AUS group has entered into admin, if they go under the brand will suffer enormously...this is why hes stuck his neck out

[Exiletyke]

A minor shareholding that makes him a multi billionaire

[animallittle3]

Its not about RB Animal, all he does is use his brand to launch, raise funds, attract investment in his brands and then keeps a minor shareholding.

I agree and have posted they have made what was considered a poor attempt (basically a shyte application) to ask for aid, they have said they have tried to attract equity investors but the evidence suggest they havent tried hard enough.

in essence this isnt about Richard Branston, its about the Virgin brand.

Wan says that the AUS group has entered into admin, if they go under the brand will suffer enormously...this is why hes stuck his neck out

They didn't bail Flybe out so Virgin shouldn't expect any help either .

Indeed it's interesting that Branson has stuck his head up because 10 years ago when British Airways were seeking government help he said

" Governments should not intervene to stop companies going bust "

[WanChaiMiller]

Human trials of vaccine start Thursday in Oxford.

[howdydoo]

Virgin Aus just gone into administration. First big casualty.

https://www.bbc.co.uk/news/amp/world-australia-52363428

Are you on a time delay?

[WanChaiMiller]

Are you on a time delay?

Think Aus is running ahead of us.

[Lasterman]

Human trials of vaccine start Thursday in Oxford.

£625 for volunteers if you fancy earning a few quid. Scratch that...just see maximum age is 55. Nobody here will qualify!

[crashbang]

Might be wrong but.i think some tests are being done on survivors blood.
Sounds like a good bet to me.
Might find a link.