yep thanks, it will be intersteing to watch the VRLPA price direction as a result of this leg of the buyback being finialised, the lack of a big buyer in VRL to underwrite the VRLPA price vs the greater asset value now embedded in each share as a result of the buyback and now only 100M VRLPA on issue, and therefore a new total "float" of 100M VRLPA +230M VRL = 330M.
Prev roughly 475M shares (both classes) on issue.
Debt still seems controlled and interest cover looks good..
volume, page-3
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
