23 April 2008

Brett puts his money where his mouth is!

A stock exchange announcement yesterday confirmed that Virgin Blue CEO Brett Godfrey has spent over $A250k buying 295,000 shares, taking his holding in the new world carrier to 640,000 shares, in addition to over 28 million shares held by his company CU Nominees.

With the share price depressed, Godfrey has taken advantage of the low prices, with his action likely to increase confidence in the airline.

A Report by The Mole


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