companies with strong cashflow and investor confidence survive in uncertain times.
The lack of understanding on HC of what a mess this Valad business is in amuses me.
Valad does not have strong cashflow and it does not have investor confidence.
Watch the european writedowns this half.
Orbis investment ( which is talked up) is merley a specualtive punt.
This group manages $15b globally. How much have they invested in Valad, $3-$4M?, so if the price falls 50% they lose $2m, big deal, They are there for the speculation that Scarborough make a bid.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |