So this is why we see no guidance on the European business...

So this is why we see no guidance on the European business because management want to buy it on the cheap from the company.

Time to replace Hurley and auction the European DUKE JV, this smells fishy, won't say it stinks yet, can't see the the new and old insto holders just rubbing stamping this like they do renumeration recomendations.

Fair enough management has the right to bid for this but a BID it must be, that is transparent and open to other parties having the same information that they do to compete with their BID.

I rarely send my forms in but my and my 0.1% holding in VPG will be voting this time, this process needs to be transparent.

If Peter Hurley and his mates see value here IMO they should be buying shares on market like everybody else.