From the looks of the trading over the last few days i'd say that an announcement won't be far away. VPG is up $0.045 today. There is the possibility of news on the MBO.
There has also been stories in the local press about REIT's which could also have put the focus on VPG and the fact that it's currently trading at under 50% of NTA.
If enough people start to notice VPG it could be the beginning of a sharp run towards $2.00 which is still only 10c pre-consolidation and well short of the %2.80- $3.00 (14-16c) it was at for awhile.
I wouldn't be surprised if we see $2 within 1 month and then we might even get bidders for the company which could send the price closer to $4.
Some might say this is fanciful but time will tell.
- Forums
- ASX - By Stock
- VPG
- recent price increase
recent price increase
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online