Originally Posted by
sidestep
Don’t be mistaken, it isn’t the stock price - it’s HA’s debt that keep the big boys away. If DL couldn’t make the numbers work at ~$6/share in 2012/3 - I don’t see a merger happening with the current price.
SWA is not a Hawaiian killer, but you’re wrong if you don’t think they are gonna take a big bite.
Could they not make the numbers work or was it Dunkerley and investors thinking they would be better off alone?