re: Ann: Valad Property Group - Retail Entitl... based on what fundamentals?
saying 'the market looks screwed' isn't justification for a sell claim, or an assumption of sub 10c sp.
I'm the opposite to you - there are no fundamental reasons why this SP would retract to below 10c now investors have ruled a line at 10c.
after 4 red days on the asx, this is still trading at 14c. VPG's position is now better, balance sheet stronger, debt reduced = consolidated share price and a new floor created.
my amateur analysis suggests no one will pick this up at or below 10c anytime in the future. I will be holding all my stake and picking up all my entitlement in the offer.
do your own research and don't rely on me, or anyone else's opinions please.
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