VOR 0.00% 39.5¢ vortiv limited

Honesttrader IMO still a lot of nervous retail investors selling...

  1. 1,398 Posts.
    lightbulb Created with Sketch. 22
    Honesttrader

    IMO still a lot of nervous retail investors selling out based on "face value" of the OU without considering what could have occurred ... a 50% drop in revenues would have not been a surprise in that period (and indeed many WLA operators probably did experience that eg Tata I suspect). Personally I thought it was a very impressive result given the macro-economic environment throughout November & December and this will show up in the figures post December ... we just have to be patient while normality returns.

    In the meantime, interesting article here: http://thediplomat.com/2017/02/indias-demonetization-is-a-distraction-not-a-solution/

    MartyW
 
watchlist Created with Sketch. Add VOR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.