VRL 3.29% $2.06 village roadshow limited

Asset sale, page-3

  1. 6,756 Posts.
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    Yes high of $5.57 in the last year(and around $7.50 about 20 months ago) - I don't think the market fully understands this stock or some of their accounting treatments - they have written-off straight to profits advances made to a couple of their investments, namely VREG(the US Village Roadshow filmmaker) owned 50+% by VRL and IPIC theatre group(US movie theatres) owned 30% by VRL - both of these assets are in their Balance Sheet at zero value but obviously are valuable assets - in fact the interest in VREG could be the jewel in VRL's crown.
 
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Currently unlisted public company.

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