I thought VRL were looking at receiving $400-$500m from the sale...

  1. 14 Posts.
    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.
 
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