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Baillieu Valuation of VEC, page-554

  1. binwood
    7,151 Posts.
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    27/03/19
    13:41
    Post #: 37900579
    I agree with @82Punter that those are the face values of the notes. US$4.75 in finance received but the liability is $5.7m to be repaid.
    VEC Price at posting: 1.1¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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