75%????are you kidding me? from $2.00----4C, of course market predicts 100% chance of voluntary administration.
Just remind guys again and again, remember the biggest dumping at 7c, the brokers did quite right!!!
Now, even for 65 million debt, VPG has to issue shares to pay, how about next debt due? It's childrish to write letter, VPG board is not idiot!!!
12% interest untill 2013??? the total interest nearly
$A700 million. $EUD 600 million *(1+0.12)*(1+0.12)*(1+0.12)*(1+0.12)*= €EUD 945 million. Interest=€345 million=$A700 million.
Capital plus interest= A$1.9 billion due in 2013!!!!!!!!!!!!!!!!!!!!!!!! only for Europe debt.
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75%????are you kidding me? from $2.00----4C, of course market...
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