Long-Term progress, page-230

I haven't considered profit taking, mostly because the surge in VOC's share price has taken me by surprise. I only hold two companies in the sector, this and TPG. Given TPG's and TLS's under performance, it has been surprising to see VOC take off.

There must be something in the mid year results to explain it. Perhaps the market see another takeover offer on the cards now that the business is much more stable. Most of my holdings are well over the 12 month mark, so I might sell a little off to lock in a profit soon.