VLW villa world limited.
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Annual report note B1 says: Land held for resale is stated at...

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    08/07/19
    16:09
    Post #: 39423929
    Annual report note B1 says: Land held for resale is stated at the lower of cost and net realisable value. Cost includes the cost of acquisition, development and borrowing costs.
    I would have thought all there pre-2017 acquisitions would still be well in the green above cost. And as such there NTA, well understated?
    VLW Price at posting: $2.32 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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