sneaky 5 million buy just before close, page-25

Hey Caching...Hatchworks could be right about that...multiple account.

Here is another theory. The 4.9% is correct about it making you a "substantial shareholder".

I have been thinking for quite a while...with Leg Mason the only big major selling down....another major may be "churning".....simply still having the same net amount of shares and not needing to announce their activity but selling AND BUYING on a daily basis without changing their holding.

If you dumped say 5million in a day and scared holders into it dropping 10% say from 10 tomorrow to 9...but then bought 5 million at 9cent...you've got the same amount of shares, so no need to inform the ASX, however, you've got them heaps cheaper.

and this is what I think has been happening for months on VPG....a major twisting each holders arms till they psychologically throw in the towel...say to themselves "I just cant work it out"...and give up their parcel to a greedy major who is constantly getting VPG cheaply before making a bigger move.

It’s also given VPG a tug-of-war flavour, that unstable and volatile feel preventing a lot of people holding or even buying.

I've considered many times giving up as its pretty dirty play but these are the professionals we're up against and we're only small.

The best bet is to do your research....lots of it....then make a decision you feel good about and hang in there.

With VPG...we've argued it out for months. Their portfolio is strong, their leverage is fine, their debt repayments has been addressed and sorted, there is no covenant breaking...so why has it not rebounded to say a third of where it was...even 30 cents?

Cause imo....someone wants to swallow the company for as cheap as they can get it. We know of 3 potentials looking at it already.

The bummer for anyone looking at a VPG takeover as we already hear about the Valad portfolio being very attractive to Dexus even....is that many have realised VPG is well under par with where it should be and the share price gather momentum on a daily basis.

It’s trading 90% down where it was 1 year ago.

It’s trading 95% down where it was 2 years ago.

I'd say though we're very close to some bigger gains. The psychological 10 cent barrier which has breached a few times will probably stay permanent now and we'll see some new foundation.

Unfortunately for the ever quiet VPG, they'll have to address the market soon enough.

I probably shouldn't post this...but it’s my personal belief that VPG management could be aiding a major in their goal of accumulating or accumulating at lower levels or something else. They've just been too quiet when there is what many consider to be price sensitive information that should be noted in an ASX release. Never mind....we seem to be picking up on where they are at and they look strong.