VPG 0.00% $1.79 vodafone group plc.

going to buck the market trend today?

  1. 234 Posts.
    Is VPG going to buck the market trend today as they did the other day? a rally today will be less costly for the players and it will attract more attention from potential buyers.

    I presume the comfort we have here is:

    1. the safety margin we have vs NTA of 95c/share and NAV of 1.3$;

    2. the current share price is still below most directors' on market purchase between Sept-Nov 2008, let alone before this period.

    3. average price yesterday was around 0.99c suggesting strong interest.

    4. volume was not too high at around 10c level.
 
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