big seller out, page-42

So given they have already given an update on Petrac (6 weeks ago), HBOS (6 weeks ago), Sales of property (a few days ago), you are most concerned about FY10 debt.

FY10 debt is less than $400M. $138M of sales just completed. $100M p/a of dividends now being held. And $562M in debt headroom.

So just to clarify, your biggest concern about VPG is it has less than $400M debt to be refinanced in FY10, and they have $800M in available funds.

It is your logic that allowed me to top up at 3.9c on friday. Thank you!