The SP got pushed up because there wasn't enough supply for a larger investor to get the position they wanted. As soon as the big buys stopped (and they WERE big) the SP stagnated and retails sucked in get impatient as always. But yes, this seems destined for a strong recovery and the SP is following suit - albeit slowly. I piled a lot into this at 16c odd when it was almost at book value and the signs were there that a turnaround was on the cards.
VAH Price at posting:
22.8¢ Sentiment: Buy Disclosure: Held