Ive been trading for 19 years...hold 100,000 units in VOC at $3.60...i bought it for a trade breaking all my rules catching a falling knife...only to find myself now a long term investor...i will at some point buy another 100,000 units to average down.
VOC is not going broke by any measure & their future although a hard slog, reminds me of Dell...almost every broker I have contacted have not really had a bad word to say about their business itself, more rather how it has been executed....the current management are very clever at what they do & they are fully aware of what needs to be executed as far as a company and its direction is concerned...but boy have they taken on board a lot of variables for what will become an eventual business model going forward.
There will be the NZ businesses that will get offloaded for short term cash injections....but all this talk of going broke...far from it....
Where did you get the $17m more liabilities from ? That could not be further from the truth....
- Forums
- ASX - By Stock
- VOC
- 2nd Downgrade in Months
2nd Downgrade in Months, page-42
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VOC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online