VPE 0.00% 41.5¢ victoria petroleum nl

Ann: Quarterly Report and Appendix 5B period endi, page-8

  1. 638 Posts.
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    re: Ann: Quarterly Report and Appendix 5B per... You guys should go through the trouble and read a few quarterlies from one year back, two years, five, ten and whatever....

    The bottom line is: VPE reports always look very exciting, and always look like the big breakthrough is just around the corner.

    I am not saying this is not the case this time (well, if history is any indication than it is....) but I am saying that any quarterlies or presentations by VPE are usually hyped up by DHJ, and traditionally delivered has been very little.

    A quarter of a century of capital raisings and the total absence of any operational profit (to my knowledge) speak volumes.
 
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