VGL lkooks like one of the few IT stocks to shine, particularly moreso now with the IPEX merger. Although the IPEX merger aoppears to be shareholder dilutive, the critical mass it will give the merged entity will see it win many more IT outsourcing deals. Even better, it gives Volante access to the government market.
I should note thought that mergers can often ause short term weakness...
I recently bought in, unfortunately i was a bit wary of techs prior.
VGL was picked as one of the top 3 techs for 2003 by Price Waterhouse Copopers (an unbiased non bropkelr firm). The document can be viewed here:
http://www.pwcglobal.com/Extweb/pwcpublications.nsf/4bd5f76b48e282738525662b00739e22/fca0bd9bd23f2d49ca256d4f001bedbe/$FILE/techreview_jun2003.pdf
time to buy?
Add VGL (ASX) to my watchlist
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Last
$2.63 |
Change
-0.030(1.13%) |
Mkt cap ! $625.0M | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.70 | $2.63 | $7.209K | 2.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 1483 | 2 |
View Market Depth
| Last trade - 14.44pm 15/11/2024 (20 minute delay) ? |
| VGL (ASX) Chart |