Not as good a result as I had hoped for. However it is only a valuation of the tangibles. Valad does have considerable intangibles and assets which are shown at no value. Some of these "no value" assets will, in my opinion, return to being of value if they are held through these difficult times.
I still consider VPG a good long term buy and have placed an order for more today.
Not as good a result as I had hoped for. However it is only a...
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