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    Branson's running out of cash by the looks of it. Archived Message

    Posted by Mary on May 11, 2020, 4:59 pm

    'Branson, the founder of Virgin Group, is looking to sell up to 25 million shares of Virgin Galactic, worth roughly $504.5 million.

    The shares account for nearly 22% of Branson's total Virgin Galactic stake, which was worth about $2.32 billion at the end of last week.'

    Virgin Galactic Stock Sinks As Richard Branson Seeks To Raise Cash
    https://www.investors.com/news/virgin-galactic-stock-richard-branson-sells-big-stake/

    I don't think he will find a ready buyer in the current climate.

    Message Thread:

    • Branson's running out of cash by the looks of it. - Mary May 11, 2020, 4:59 pm