Give that man a Tiger
Still remember this ad jingle? But the tiger i am talking about is not your usual tiger beer, but Tiger airways which is going IPO.
Tiger airways is doing badly in australia and bleeding cash. They need money to buy more planes so any “intelligent” management will tell you, go find someone to pay for a free lunch. Thus, the IPO.
There are suckers in the world who is willing to buy a dot-com shell, certainly there are also suckers to buy a Tiger IPO.
Don’t say i didn’t warn you.
Entry filed under: Watch your step.