That comment really should be moderated- unsubstantiated rubbish.
No debt to refinance, not in breach of covenants, recent asset sales at close to book, directors buying- I think VPG will be one of the strongest performers on the ASX in 2009, and no, I don't think I'm dreaming.
It's oversold- on low daily volume over the last 1-2 months along with the REIT sector, and we saw strong support off 3.5c today that hopefully heralds better times in 2009.
Sure there's risk here- but tremendous upside for investors willing to hold for the medium term. Perhaps you'll be back buying at 50c once everythings "stabilised".
- Forums
- ASX - By Stock
- VPG
- some support from .035
some support from .035, page-14
-
- There are more pages in this discussion • 6 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
|
|||||
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 |