1. Most Discussed
  2. Gainers & Losers
VRL $2.40

vrlpa - no news

  1. sushi1

    6,389 Posts.

    Well I wonder what the "wonder" boys at Village ("Where movies live" and shareholders get screwed) are up to on the buyback of the prefs????

    It has been well over 5 weeks since the announcement was made and according to it, the proposal was supposed to be released "in the next five weeks".....

    I wonder if they are having trouble finding an "independent expert" that will take their money and say that the pref shareholders are getting "fair value" for the shares.......

    Maybe they are having trouble find the funding or the cash for the initial payment.

    But it looks like that the head honchos rewarded themselves quite well again last year with the Kirbys at around $1.6 and $1.7 million each and G. Burke actually getting over $1.7 - an increase of a couple of hundred thousand. They even mamanged to pay themselves bonuses for the "outstanding" performance of the company in ringing up a loss and costing pref shareholders millions.

    I guess that it goes to show that pigs will feed no matter what.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.