The buck has to stop with management and ultimately the board.
Today VPG is trading at what I estimate to be 45% of NTA (after Top Ryde write-down), if management / board can't maintain a better security price than this one has to conclude they are unperforming, if they are underperforming you need to reassess their future role with Valad.
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Last
$1.79 |
Change
0.000(0.00%) |
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| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |