"No only is VOR not being priced for any growth, it's being priced as a declining business".
For me, it's only natural in the short term that sentiment softens.
We've finally had it confirmed this week that Directors and staff would rather take money out of the business than put it into the business.
Next week we will get a further insight as to what the CEO thinks of the business he has spent 3.5 years building.
As for the PE - the earnings might be constant or low growth or easy to measure, but the price people want to pay is determined by their sentiment.
One month ago investors seemed much more bullish than what they are now, about VOR and the Cyber sector. Riding it out to sentiment improves is certainly an option.
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