Virgin Australia’s return to the ASX is just hours away, and JPMorgan’s sales desk has already telling clients the airline’s stock is “priced to fly” once the bell rings on Tuesday. That’s despite some serious geopolitical shockwaves in the form of a worsening conflict in the Middle East.
Virgin Australia is due to list. Bloomberg
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
