Ann: HY19 Result Announcement, page-10

Except in the case where the Parliament interferes in the form of tariffs, subsidies, bail-outs, etc, the success or failure of a company will be determined by the people. A company will compete with every other company for the patronage of the people, and in turn the people seek value and spend where it is found.

Now relating this to VTG's recently rising share price, we can be reasonably sure that the people must have recognised real value in its products and services. Consumers are patronising the company; profits increase; and the share price rises as a result.

And so, based upon these obvious observations, we have good reason to expect good days ahead.