Ann: VRL: Takeover Offer for Austereo , page-3

I thought VRL were looking at receiving $400-$500m from the sale of AEO.Perhaps they are aware of another interested party
that may enter the bidding.

If we add the $115m from the sale of Sydney Attractions to the
$389M from sale of AEO we have total proceeds of $504m less CGT.Has VRL any accumulated capital losses in their B/Sheet?

Also of interest is VRL's Film Production unit VREG which intends being listed on an O/S exchange as well as raising
extra equity for the venture.

Interesting times ahead for shareholders.