VOR 0.00% 39.5¢ vortiv limited

Ann: June 2020 Quarter Update, page-21

  1. 2,651 Posts.
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    30-45% organic growth off a decent revenue base is not to be sneezed at. Add in further growth by acquisition, and continued margin expansion and the outlook is solid.

    The sell off is likely a combination of old jaded holders and newbies who were expecting a repeat of TNT or AR9 heroics. Lot of fast $ around at the moment.

    The sell side is being nicely absorbed (I got more at $0.225) and there is over $1m on the bid from $0.20-$0.225 vs ~$700k from $0.23-0.27.

    If you’re unhappy, it’s pretty simple - cut and run. I never understand why people hold onto investments they don’t believe in. If you truly think the company has no prospects you’d be better off taking the loss and reinvesting the $ in something you consider has better prospects/a better return profile.
    Last edited by Artvandelay01: 30/07/20
 
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