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3.29% $2.06 village roadshow limited

My only question about this whole buyback is that If village are...

  1. phlill24
    15 Posts.
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    25/11/09
    22:02
    Post #: 5963354
    My only question about this whole buyback is that If village are so vastly
    undervalued, why have the institutions so freely
    Been selling their shares at 1.80. I understand that it's a good chance to get out of an illiquid stock, but if the instituions thought that the kirby's would be willing to pay more in the foreseeable future, why would they be selling now?

    Thoughts?
    VRL Price at posting: $1.72 Sentiment: ST Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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