Interesting times, there will be a sell off on Monday, too many on here sound freaked out by AFR article, this is the nature of the beast. As for Orbis, I wouldn't be relying too heavily on them saving Valad. Yes they would have done their homework, IMO, but the way I see it is Orbis are buying into a few distressed companies at the moment with a bet that a percentage of their money will be lost to administrators, its just a matter of which companies go under, will it be Valad?
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