VPG 0.00% $1.79 vodafone group plc.

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  1. 2,699 Posts.
    Not unrealistic at all

    VPG stated that Distribution would be considered once cost cutting initiatives have been fully implemented. FY10

    cost saving = $30million PA
    Shares on issue 1.6 billion

    30million divided by 1.6 billion = 1.875 cents per share

    50% yield PA if cost price is mid 3's

    Now that's a gift
 
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