Hi everyone, excuse my naivety as a new investor, but as a company whose services I frequently use I bought VRL shares 6 or so weeks back with a long term view that I thought the company would find its feet again post COVID-19 - now this announcement comes out. From what I read in the announcement as a VRL shareholder, if the parks and cinemas aren't open I'd receive either cash at the base rate of $2.10 a share (compared to today's SP of $2.13) or shares in the unlisted BidCo, or a mix of both. Being new to all this tbh I don't know what the impact is of receiving shares in an unlisted company - can anyone provide any commentary for me on what this means (understanding it's not financial advice) in case this goes through?
Ann: VRL Enters Into Exclusive Discussions With BGH, page-20
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $5.588M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.3¢ | 2.0¢ | $46.04K | 2.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2089786 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 95000 | 2 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| VRL (ASX) Chart |