Independent report's disadvantages of scheme: We are of the opinion the Initial Proposal was opportunistic... the Initial Proposal was presented in the short window on time when Villaworld shares were trading at a discount to NTA They are clutching at straws on the advantages of the proposal: - 'USA China trade war' causing volatility, - 'ability to realise investment' - I am pretty sure I have had the ability to sell all along!? I am not very persuaded by the report this scheme is in shareholders 'best interests'.
VLW Price at posting:
$2.35 Sentiment: None Disclosure: Held