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vrl impact from ncp departure

  1. Ralphi
    381 Posts.
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    09/04/04
    15:11
    Post #: 436604
    Wonder what the Index impact is going to be when NCP is removed from the Consumer Discretionary index some time down the track ?

    VRL is the most only other example of a stock with exposure to film production on the ASX.

    Unsure how much of an impact this will have. Buyback Mark I and II seems to be underpinning the price of both ords and prefs fairly well. The further reduction in shares on issue will be a positive for the underling asset value of the remaining VRL and VRLPA.

    Haven't sold and still watching
    VRL Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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