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StumbleuponMarket volatility and the global financial crisis were the only such reasons the Virgin Blue Airline could come up with in response to its recent share price drop.
Virgin Blue stated on Friday, "the company is not aware of any other explanation for the price change and increase in volume in the securities, other than the current market volatility and economic uncertainty."
"There is no reason to think that there may be a change in the operating profit so that the figure would vary from previous guidance by more than 15 per cent."
Virgin Blue's share price on 25 February was 28 cents and fell to 15 cents on March 12 was questioned by the Australian Securities Exchange.
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