Excuse my ignorance on this one Pro... but do you believe the divergence between the share prices of VRL and VRLPA may simply be due to the different levels of liquidity? I.e. as a preference shareholder, it may be difficult to exit the company without dumping the price; as compared to the ordinary shares... not sure it explains the magnitude of the gap mind you.
Cheers
dont sell in the buy back, page-4
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