re: sale of interests in cinema joint venture - ta agree, as...

re: sale of interests in cinema joint venture - ta agree, as always Brian Frith seems to provide a balanced view on the possible outcomes.

Whatever the outcome, it appears there is demand for both sets of script from at least two parties - Boswell and friends and VRC (in the guise of capital management and administered by VRL itself as the buyback) Supply / Demand indicates that the price should (continue to) rise.

No sign of buyback volumes in the market as yet.

I still hold both classes (predominately the VRLPA as they are) and await the next development with interest.

Also of interst VRLs partner - AHL's quarterly bodes well for the start of the year for exhibition / distribution

http://www.ahl.com.au/shareholders/asx.asp