I don't understand the why you think that VRLPA will pay a dividend?
In future they might not pay again.....
ASIC Concludes Enquiries into Village Roadshow
VILLAGE ROADSHOW LIMITED 2003-06-03 ASX-SIGNAL-G
HOMEX - Brisbane
+++++++++++++++++++++++++
MEDIA RELEASES
The Australian Securities and Investments Commission (ASIC) today
announced the conclusion of its enquiries into the suspension of
preference share dividends by Village Roadshow Limited (Village
Roadshow).
ASIC found that the decision by the board of Village Roadshow to
suspend preference share dividends was permitted under the
constitution of the company. ASIC's findings are supported by advice
from senior counsel.
ASIC considers that in future, issuers of preference share
prospectuses should comprehensively disclose any risk of the
suspension of dividends.
ASIC Website: www.asic.gov.au
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