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Discussion: Is the Village Roadshow takeover a (big) dead cat bounce?Reported This is a featured thread

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The-Mole
The-Mole
Is the Village Roadshow takeover a (big) dead cat bounce?
May 15 2008, 1:27 AM EDT | Post edited: May 15 2008, 1:27 AM EDT
So, I hear that Village are in such dire financial straits that some brokerage companies won't even bother investigating them on behalf of customers cos they're too big a risk.
A-PAR-ently their operating debt (quoted in whispers, mind you) of $160 billion makes them a bit of a dodgy prospect.
I wonder whether their shareholders support them extending themselves with the Werribee Adventure?
Of course this is just a rumour... 1  out of 1 found this valuable. Do you?    

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