The price could still be under some pressure. The sellers of VRLPA seem to be having a bit of a rest, now selling off VRL. The recent weakness in Austereo could also help weaken VRL's price.
I don't hold any, and am not thinking of buying any as I cannot get a fairly recent comment by an insolvency expert out of my head, " that a large number of ASX 300 companies" are not in good shape. BB- rating as well, brrrrr!
The Matrix is one of my favourite films. I'd love to see the sequels do exceptionally well, raise the Aussie flag, and secure VRL's immediate future, but I might just pass on buying their shares at present.
TDF
VRL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
