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steering clear from lpt's, page-38

  1. haka
    1,528 Posts.
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    06/03/09
    23:24
    Post #: 4877027
    I mean that there is a chance the value of the Valad Capital business could go to 0.
    VCS was in the business of providing secondary and mezz debt to projects all over the place.
    For instance one of the builders they had been financing in QLD went into recievership and hence a large write down there.
    VPG Price at posting: 2.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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