I called Vocation as a standout short back in August. There was a stench around the Victorian business that was becoming overwhelming.
However, talk of administration is grossly misjudged.
They have at least one asset - Endeavour - that is worth a substantial premium to the value of their debt.
Let's keep it real.
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- administrators are needed
I called Vocation as a standout short back in August. There was...
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