Thread by @vipuls1979

What's app forward:

Jet airways ... Is it a Scam ?

👉old promoters took 8000 cr. loan from SBI
👉1800 cr is current outstanding pending
👉 Now old promoters is out of company ( what he did with 8000 + 1800 =9800 cr??)
👉SBI done Takeover with all respect ( including financial)

👉now SBI selling this company in open market ( having residual asset of 1000 cr )

👉 offers are coming on 150 Rs. ( total equity=11.37 cr shares X 150 Rs=1700 cr.)

👉Say new owners buying company at approx.2000 cr

👉therefore loss of SBI is 8000+1800-2000= 7800 cr.

👉7800 cr loss is taken by SBI -- fund came from general public.

👉neither old owner in loss nor new owner in loss, even SBI is not directly in loss

👉without flying in jet airways INDIA public loose 7800 cr.😂😂

👉All set good, no scam, no objection, no obligation, no allegation Public even don't know this

👉Jet will fly again in few month, INDIAN public have very short memory, they again fly with jet 🤣🤣🤣