valad sp eulogy, page-13

Hi S.I.

I am of the view that one shouldn’t bet their house on VPG but if you have cash you can afford to lose, why not. If it successfully navigates these turbulent times without going into administration or diluting everyone to smithereens, then one stands to make a decent return. However, I wouldn’t be too happy if my average was in double digits, which it aint.

Re Mccabe & his cohort, I cant see how they would be willing to do a recap or takeover anywhere near 15 or 20 cents when the shareprice is currently 3.5c… I don’t believe in directors/investors being charitable at the best of times….

Anyway, I like a challenge & I like a punt…