the lower the stock price gets the cheaper the company is buying back its own stock for,its free money, imagine this, say GOLD which is what AUD$2500/oz and you could buy it for AUD$375 CHEAPER than what its going for, LOL you would sell your wife and kids to buy gold wouldn't you, hell yes, so VCX buying back its own stock or for that matter ANYONE who wishes to buy VCX at $2.30 is buying something that's intrinsic value is $2.90 its NTA. VCX isn't some spec dot com stock that has no earnings and is trading on a PE of 80,lol, its a huge very big very rich company... its EPS were down a WHOPPING 0.005c from 17.7 to 17.2c lol and the stock is still being hammered, a joke.
VCX Price at posting:
$2.31 Sentiment: Buy Disclosure: Held
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