IMO this was business as usual for VTG - and an expected recovery prior to or in anticipation of an announcement and the divi declaration.
At just over 1 mill changing hands, there's not enough volume for instos to have been involved - and there was no particularly 'big' purchases today either during the day or after close when, from previous instances, it seems instos or 'others' tend to buy VTG in bulk.
And no-one's selling.
At close, there's only about 100k for sale between $1.64 and $1.70 - and I guess buyers are reluctant to commit themselves until they're more confident of sustained growth.
Traders would have jumped on too today, it was only a matter of time before VTG rallied - let see what happens by close of business on Thursday to see what confidence there is in VTG right now with no information. It could retract.
Or maybe there's an announcement about to happen.
Either way, SH are usually the last to find out about anything worthwhile going on.
VTG Price at posting:
$1.64 Sentiment: Hold Disclosure: Held
