VRL 1.07% $3.71 village roadshow limited

pref shareholders are up the creek

  1. 6,389 Posts.
    Per announcement:

    The Australian Securities and Investments Commission (ASIC) today announced the conclusion of its enquiries into the suspension of preference share dividends by Village Roadshow Limited (VillageRoadshow).

    ASIC found that the decision by the board of Village Roadshow to suspend preference share dividends was permitted under the constitution of the company. ASIC's findings are supported by advice
    from senior counsel.

    ASIC considers that in future, issuers of preference share prospectuses should comprehensively disclose any risk of the suspension of dividends.
 
watchlist Created with Sketch. Add VRL (ASX) to my watchlist
(20min delay)
Last
$3.71
Change
-0.040(1.07%)
Mkt cap ! $731.9M
Open High Low Value Volume
$3.73 $3.73 $3.68 $191.2K 51.52K

Buyers (Bids)

No. Vol. Price($)
7 5735 $3.70
 

Sellers (Offers)

Price($) Vol. No.
$3.71 4620 8
View Market Depth
Last trade - 10.20am 26/02/2020 (20 minute delay) ?
(live)
Last
$3.74
  Change
-0.040 ( 0.26 %)
Open High Low Volume
$3.71 $3.74 $3.69 11429
Last updated 10.48am 26/02/2020 (live) ?
VRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.