This is just embarrassing owning a dog like this. Sitting on +50% loss so far, and we still have all the bad news yet to come out of VCS, or is that what this constant decline is about?
VCA must be a disaster zone. Is the entire $610m a write off?
What really boggles me is how we are still being kept in the dark about the state of VCS, and the COMPLETE lack of significant shareholder support.
Looks to me like a good few major shareholders are quietly selling, expecting the whole thing to go toes up.
This is sure to fail without major shareholder support, as it will be impossible to raise capital at these levels, should a number of large provisions require it.
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