I have not kept up with Valad for some time now...There are a...

I have not kept up with Valad for some time now...There are a lot of opportunities in "distressed stock" in Australia at the moment.

I follow the developments in Sydneys South West Growth Sector very closely and in todays release by State Planning I found the following PDF.

http://www.gcc.nsw.gov.au/media/Pdf/VPACatherineFields.pdf

It may be of interest to all Valad shareholders.

Any comments?

Cheers

HR

No advice given or intended ...just from my research notes as extracted from the public domain.