Strategy
Events Trades
Australia

Village Roadshow (VRL:ASX)

8 Dec 2020
By
Village Roadshow Limited operations include cinema exhibition, the distribution of film, DVD's and videos, and the production of motion pictures. The Company operates tourist theme parks and resorts along with operating FM radio stations.

Minimum Investment Amount and Period

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.

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Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.

Period

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.

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David B.

I note VRL today traded at $2.90. (I also note they had an adverse tax ruling against them of around 11 million). The offer price is at $2.95/$3. Are they a buy at $2.90 or any price below that? Thanks

Shannon Rivkin

Hi David, The AFR is reporting today that BGH is declaring its offer as ‘best and final’ which suggests the tax ruling isn’t changing anything for BGH. The one obstacle remains Mittleman Brothers which has raised its holding to roughly 15% and has been making its opposition to the bid well known despite the big lift in the offer price. Mittleman has no chance in blocking the $2.95 offer so my hope is that it sees reason and votes for the $3.00 offer but it is a bit of a coin toss. $2.95 is almost certain to proceed whereas the… Read more »

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