Anyone got further information on who the overseas mystery buyer was? Could it be Warner Bros ? They could pick up VRL for approx. US$600 million That would enable them to take part in the world wide revenues of the matrix sequels. Maybe the kirby's are looking to buy back there company at bargain prices? Anyway VRLPA holders would benefit greatly from any takeover as there shareprice would be of the same value as the ordinary share which i believe would be valued at between $1.50 - $2.00 This equates to either a double to triple of the share price. Surely this presents a buying opportunity with very little downside!
I'm in bigtime!
VRL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
