Hang in there boys and girls. Few thoughts: - I understand it must be a worrying time for lot of people who bought at or around the peak. - The U sector is going through a consolidation phase. The bounce back in spot U prices should have happened, but has been probably delayed because of the Omnicom scare (there is enhanced volatility all around as you will notice). - December is usually a seasonal peak for U prices. I suspect the bounce is around the corner and will be a hard bounce. - The whole sector has been down not only VAL. - It is obvious people will only buy VALOB if VAL is > 0.016. - People who buy VALOB now might get 2-5 times returns if there is a hard bounce in U prices. - A well timed ANN (when the U prices turn a corner) from the company would help boost the SP even more.
VAL Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
