VPG 0.00% $1.79 vodafone group plc.

kimco realty to buy shares in valad, page-17

  1. 9,814 Posts.
    lightbulb Created with Sketch. 971
    Valad is possibly another house of cards. They have expanded quickly at the top of the market. High debt levels (with lots of mirrors) and rising interest rates in Australia and falling values overseas. They indicated they didn't need any capital and then they raise $200 million.

    Something smells !
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.