Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Virgin Volume Surges on Blocks Totalling 125 Million Shares

June 5 (Bloomberg) -- Trading volume in Virgin Australia Holdings Ltd., the nation’s second-largest carrier, surged as 125 million shares changed hands in three separate block trades.

Trades of 36 million shares crossed at 11:55 a.m. in Sydney, of 77.44 million at 12:04 p.m. and of 11.2 million at 1:24 p.m., according to data compiled by Bloomberg. All three block trades were priced at 47.5 Australian cents and were carried out on Chi-X Australia Pty.

Danielle Keighery, a spokeswoman for Virgin Australia, said the airline doesn’t comment on trading activity.

The stock dropped 1.1 percent to 46 cents at the close in Sydney. Total trading volume was 154 million shares, more than 1,260 percent of its three-month average, according to data compiled by Bloomberg. The combined block trades equal 4.8 percent of outstanding shares in the company, according to the data.

To contact the reporter on this story: Adam Haigh in Sydney at

To contact the editor responsible for this story: Nick Gentle at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.