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3.29% $2.06 village roadshow limited

re: vrl on the move..but not vrlpa VRLPA not moving because...

  1. wigram
    175 Posts.
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    17/10/03
    12:35
    Post #: 273686
    re: vrl on the move..but not vrlpa VRLPA not moving because Village is buying them back at only $1.25 with just 25 cnets up front and the rest a $1 unsecured notte yielding 10% PA - VRLPA has a net asset backing of $2.20 so the company is effectively ripping of VRLPA holders but it is good for VRL holders, hence the rise of VRL shares! Hope this helps!
    VRL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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