New to HC here but have invested for about 4 years now in varying stocks including VOC - I recently sold @7.53 all remaining but I am interested in the comments here. What you need to look at is the changes in holdings and the effective resignation of most of the former Vocus management whether that be via redundancy or actual resignation. Effectively after the merger Vocus ceased to exist other than in brand/ASX listing name. I reckon if you looked at who has been selling it would be mostly all the original Vocus major backers leaving the diehard M2 shareholders remaining.
Retail Telco operating with traditional Telco leadership is not an attractive investment as such I pulled out to focus on other things. Note over a $1B wiped off value in the past 6 weeks - it has nothing to do with current result more strategic direction
Ax
VOC Price at posting:
$6.09 Sentiment: Sell Disclosure: Not Held