Vocus group, page-144

They are betting where there is smoke there is a fire. Management have destroyed shareholder wealth and overpaid for deals. Now the cleanup will take years. Anyone who has bought a large business knows integration is more painful than childbirth and usually fails. They have to integrate 3-4 businesses that they paid top dollar for without key personal on board and negative market sentiment. The question remains what can you see that the shorts can't?

It's a simple bet they hate existing management and more skeletons in the closet. I've exited my VOC shorts to short NEC and a US firm (FTR).