Well..they got the management rights for a song.. well done boys.. once the vote has been approved lets hope for some positive news on some asset sales to get poor old VIR moving again.. Risks are still there of course.. if they can't get assets away at close to book they will have to do a cap raising ( I don't even want to imagine at what price it would be offered at).. by the way drthebill, Duncan is the last person that will admit that a Cap raising is on the cards... ever asked a buther if red meat is good for you ??.. Having said that, if they can move an asset or 2 (which is my bet) VIR will be nudging it's NPV before too long... imo of course
VIR Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held