VLW villa world limited.

Villa World.Anyone know whats going on and whether this has any...

  1. 34 Posts.
    Villa World.
    Anyone know whats going on and whether this has any further to run?
    They made a writedown of $30m last half, and together with a profit of just $10m, managed a net loss of $20m.
    Doesn't explain why they are still running.
    They are pretty well at their net asset value right now.
    Mostly trade at about 1/2 NAV.
 
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