GBR Sold??
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- Silver Wings
- Posts: 83
- Joined: Oct 2012
GBR Sold??
I'm hearing that GBR is sold, should be interesting with two cashed up companies operating in town.
- Helicoil
- Gold Wings
- Posts: 141
- Joined: Feb 2012
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- 2nd Dan
- Posts: 330
- Joined: May 2016
Re: GBR Sold??
http://www.illawarramercury.com.au/stor ... hopper-co/
https://www.tropicnow.com.au/2017/octob ... llion.html
The afr link does not work unless your a subscriber.
Regards,
https://www.tropicnow.com.au/2017/octob ... llion.html
The afr link does not work unless your a subscriber.
Regards,
'Mankind has a perfect record in aviation - we have never left one up there!'
- Jabberwocky
- 3rd Dan
- Posts: 505
- Joined: Dec 2007
Re: GBR Sold??
That’s gotta put the wind up Nautilus... SDTB are a massive company. Good luck to all.
- havick
- 4th Dan
- Posts: 1300
- Joined: Jun 2007
Re: GBR Sold??
Jabberwocky wrote:That’s gotta put the wind up Nautilus... SDTB are a massive company. Good luck to all.
Skydive the beach has a totally different focus on the types of operations they want to do compared to Nautilus. If anything I see this purchase better for both companies as they start to head in different directions.
Nautilus - Ramping up with 412, bk117, hoist, nvg, firefighting etc
GBR - Charter/tourism etc
"You'll have to speak up, I'm wearing a towel."
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- Silver Wings
- Posts: 84
- Joined: Feb 2013
Re: GBR Sold??
Seeing as the big N are flogging how good their 505's will be, I'd say that last statement is a load of bs. The bk's don't fly up north and the 412 does bugger all flying up here. Looking for contracts that don't exist in an area that the qld government have a helicopter base.... I think they will give them a bit of a shake up.
- havick
- 4th Dan
- Posts: 1300
- Joined: Jun 2007
Re: GBR Sold??
I think the more pertinent question is how long skydive the beach decide to stick with it? once they see the eye watering cost of running helicopters as opposed to clapped out jump planes.
"You'll have to speak up, I'm wearing a towel."
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- Gold Wings
- Posts: 103
- Joined: Sep 2006
Re: GBR Sold??
Sky divers prefer to jump from helicopters as it's an instantaneous vertical descent
The rates will just go up
The rates will just go up
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- Silver Wings
- Posts: 84
- Joined: Feb 2013
Re: GBR Sold??
Considering they have replaced their caravans with supervans and that this deal had been in the rumor mill for the last 5+ months. I'm confident they know their numbers. I just hope they don't pay their chopper pilots like they pay their jump pilots.
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- Gold Wings
- Posts: 199
- Joined: Jun 2008
Re: GBR Sold??
Parachuting out of a helicopter is a recipe for disaster.
It will end in tears
It will end in tears
- Eric Hunt
- 3rd Dan
- Posts: 914
- Joined: Sep 2006
Re: GBR Sold??
Sky divers prefer to jump from helicopters as it's an instantaneous vertical descent
Not the ones I have carried - they all wanted at least 40kt of stabilising airflow. Otherwise they tumble too far and too much before the "star" position is stable. And these people varied from SAS specialists to world-standard commercial jumpers.
- bangequalsbad
- 1st Dan
- Posts: 265
- Joined: Mar 2011
Re: GBR Sold??
I know a guy who flew some NASA astronauts...got the squiggles on a cardboard cutout of Chuck Yeager giving Elvis a piggy-back ride to boot...we should ask him the best way to do it.
- havick
- 4th Dan
- Posts: 1300
- Joined: Jun 2007
Re: GBR Sold??
angrypalmtree wrote:Considering they have replaced their caravans with supervans and that this deal had been in the rumor mill for the last 5+ months. I'm confident they know their numbers. I just hope they don't pay their chopper pilots like they pay their jump pilots.
I wish them the best (I used to sport jump out of their planes a lot before I turned my femur into a right angle bend), though a caravan with a Garrett and a 4 bladed prop and some gauge changes is hardly an accurate comparison.
"You'll have to speak up, I'm wearing a towel."
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- 2nd Dan
- Posts: 330
- Joined: May 2016
Re: GBR Sold??
This group has been buying up everything for a while with other people money.
Will be interesting to see how it all ends.
Regards,
Will be interesting to see how it all ends.
Regards,
'Mankind has a perfect record in aviation - we have never left one up there!'
- Twistgrip
- 4th Dan
- Posts: 1169
- Joined: Sep 2006
Re: GBR Sold??
They are a listed company aren’t they. Their 17’ annual report suggests in round figures they have a $9m NPAT on $90 revenue so a pretty good result given the industry.
"You can watch things happen, you can make things happen or you can wonder what happened"
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- 2nd Dan
- Posts: 330
- Joined: May 2016
Re: GBR Sold??
Rasing funds through a non-renounceable entitlement offer, gives zero upside to existing shareholders and is more the sucker play.
Basically it is offered lower as it dilutes the current shareholding and share price will fall, more shares issued means a lower stock price. if you don't take up the right to buy more shares your existing shares will be worth lower. So screwed if you do and screwed if you don't. Also a non-renounceable right is not transferable, and therefore cannot be bought or sold so the only point is use other people money as said above.
They are all in on tourism and if there is a lull they are fully exposed.
Regards,
Basically it is offered lower as it dilutes the current shareholding and share price will fall, more shares issued means a lower stock price. if you don't take up the right to buy more shares your existing shares will be worth lower. So screwed if you do and screwed if you don't. Also a non-renounceable right is not transferable, and therefore cannot be bought or sold so the only point is use other people money as said above.
They are all in on tourism and if there is a lull they are fully exposed.
Regards,
'Mankind has a perfect record in aviation - we have never left one up there!'
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