Yo Gary,
Seeing that perhaps youre the only VIllbilly at this time to even contewmplate a post on VIL at thistime, I thought I'd mention the following.
Should it be a successful well, upside case scenario, 40c plus per share re FP, then with such success we might end up seeing the 300 million or so optins exercised. This would increase the company's cash levels to well over $30 million. It is likely to see VIL become well and truly one of the 300 comapnies on the ASX, if not 200.
So theres clearly more at stake here. With so much cash, VIL might even decide to buy the 50% of Fausse Point it doesn't own already or might even buy GGP. Wouyldnt that be ironic?
Sheer NY speculation on my part, but food for thought.
DYOR
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