VOC vocus group limited

Ann: Becoming a substantial holder, page-26

  1. 4,679 Posts.
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    $3.50 wow, in dreams only. The previous suitors walked away saying $3.50 was too much. With a $2.33 sp, with a very favourable nz sake, we might get back to $3.50 but I doubt it. The debt level needs to be half what it us. There is still more to sell. Basically we went on a spending spree funded with debt and the value of what we bought has tumbled I'm resolved to the fact if getting done like a dinner on this share. Oh, if anyone else says that the debt is OK, they need a lesson in accounting. The single reason for our sp going from $9 to & $2 ish, is the the drop in asset value and the high debt. And hence why no one will look at a take over at any favourable terms to us.
    Don't get me wrong, I want vocus to succeed but am resolved to losing a bundle here.
 
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