One thing confused me is those selling the shares, they can sell at higher price, but they chose to sell at lower price.
VG1 didn’t do well in last 3 month, but different from those deeply in discount, VG1 NTA still higher than IPO. It has positive returns, and the wealthy haven’t sold. Combined with the fact that, 1607 become a substantial shareholder.
VGI haven’t purchase because the annual report time is approaching. I believe they will do it after serval weeks. Despite it is not a good year but VGI still hold huge amount of cash in hand.
Can anyone explain why people still selling, if they don’t like it why they brought it? And everything on the right way, Linde industry, japanese exchange, and master card shares price up a lot this week, so if nothing extreme happen tonight, there is a high possibility that next week NTA will be good.
one good thing is those focus on short term investments have left.
VG1 Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
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