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That's good dollars from a passive investment - will reduce debt...

  1. miningnut
    11,495 Posts.
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    13/06/17
    21:28
    Post #: 25255068
    That's good dollars from a passive investment - will reduce debt levels by $175mil - that is from $554mil at 31Dec to $379mil or by over 30%.
    So dividend will be coming back in Sep/Oct.
    Don't know how those Gold Coast Theme Parks are going now but should start to improve in FY18.
    Might see $4 tomorrow as these proceeds are worth over a dollar a share.
    VRL Price at posting: $3.70 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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