News: VRL Village Roadshow Signed Agreement To Sell Wholly Owned Wet'n'wild Water Park, page-24

I am quite appalled by the lack of innovation from the board. What worked for in the past is clearly not working now.

Raising $50M and selling assets for debt reduction won't grow the business. Any business that is not growing is dying.

The business is shrinking into oblivion:

1. Theme parks - dead business, high cost to run

2. Topgolf - has anyone even been to one? high cost to run

3. Cinema Exibition - Hoyts is killing it here, plus increased competition from on-demand streaming at home

4. Film Distribution - DVD sales is dead as can be

I am only inclined to invest my hard earned into cash accretive endeavours. Any ideas, any one?

Perhaps they can explore:

1. Exit DVD distribution, go into streaming

2. Publish original on-line content

3. Transform some of our cinemas into eSports Arena for gaming

4. Hold binge-fest - eg. people can watch entire seasons of some TV shows on the big screen in 12-hour blocks

5. Sale of entire business before it's too late