SAA could publicly list in South Africa: report

[BusinessTech]

SAA could publicly list in South Africa: report

South African Airways (SAA) could sell shares to the public as the state-owned carrier seeks ways to end years of losses and reduce the need for bailouts, according to people familiar with the matter.

 

[Mista_Mobsta]

Bwahahahahahahahahahahahahahahahahahahahahahahahahaah

*Breathes again*


Bwahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

 

[Grubscrew]

Bwahahahahahahahahahahahahahahahahahahahahahahahahaah

*Breathes again*


Bwahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

Government creates a law or incentive that says pensions funds must invest X in SAA.

 

[konfab]

Government creates a law or incentive that says pensions funds must invest X in SAA.

Yup, PIC buys every single share.

 

[Jola]

In what world can you sell shares in a bankrupt company ?

 

[Vrotappel]

So who is going to bail out the investors when they lose all their money?

 

[konfab]

In what world can you sell shares in a bankrupt company ?

When the owner of said company is our wise and benevolent government.

 

[The Darkness]

this is incredible

 

[3WA]

This could also work for VBS.

 

[D tj]

Oooooh yes, I am soooooo looking forward to buying shares in SAA!
Next for me would be Grace Mugabe's Kindness Institute.

 

[Lord Farquart]

In what world can you sell shares in a bankrupt company ?

Champ math FTW.

 

[ArtyLoop]

Only in a third-world African sh*thole does this happen..

 

[Moosedrool]

Sell shares? You have to give me money to take your share.