VIT 3.95% 7.3¢ vitura health limited

Some general thoughts. Why would FIRB be interested? It's not a...

  1. 147 Posts.
    Some general thoughts. Why would FIRB be interested? It's not a monopoly and has limited history. I think it likely the operations will be relocated offshore post float though somehow linked to Aus for marketing/clean/green etc.

    I don't really understand the offer coming to us with full pre approval of the Board without a notice to shareholders in advance. I note one poster said he knew some days ago. That speaks for itself, where is the ASX?

    A general note though is to observe that companies list so that owners can get money/capital out of the entity. It appears that certain parties have done a very good job of getting capital out of VIT. I am only a minnow holder and in the money so am not too concerned, just think the process is a bit odd. I will get my capital out and then a bit as well.
    DYOR: GTAH.
 
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