IMO this stock is due to be re-rated in general. when you look at its current fundamentals vs its 10yr P/E and its dividend yield bearing in mind they held back on the declared dividend for 1H FY20 so have the cash on balance sheet for uncertain times which have become less uncertain over the past 6 months, this stock should be be one of the first to benefit from any rotation from growth to value stocks. I am looking for a 20% spike after the earnings announcement but that may become 5-10% if the stock continues to drift higher on low volume as it has this week.
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Ann: VTG FY20 AGM Presentation and Trading Update, page-21
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