VEI vision eye institute limited
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VEI is a non-core asset

  1. gimmegimme
    2,097 Posts.
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    15/07/15
    14:02
    Post #: 15637646
    This 8 July article in the AFR suggests that VEI is a non-core asset for PRY.

    http://www.copyright link/business/...-35m-melbourne-imaging-centre-20150708-gi7uw8

    So maybe that means PRY would prefer cash or it could mean that PRY wouldn't mind an investment in a bigger company prior to exiting - especially f there are no others offers on the table.

    A sale to PHG would also overcome the problem of finding a CEO for VEI.  Its interesting that a condition of the offer is that no changes be made to the executive staff of VEI,  which means not making an appointment.
    VEI Price at posting: 77.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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