Potter Bell placed a valuation of around $1.00 recently on VBA, and at around 26 cents it still seems grossly undervalued, and a good way of clawing back some of my losses. The fundamentals for VBA still seem ok.
In regards to TTY, even though the AUD is rising at the moment, I'm unsure if this can be sustained, especially in light of Mr Rudd's comments regarding Australia entering a recession recently, and the world market's reaction to this if this were to be the case.
Cheers.
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