Making mountain of a molehill. I have seen several brokers/ fund managers on sky business state Voc is oversold and represents good value. Matter of time
I suspect today's trading was combination of stop losses being triggered and nervousness. Also the cap raising means a number of shareholders bought shares that they may not have bought otherwise. These shares are now being dumped.
Strong recovery in share price after dropping below $5.70 bodes well. Technical traders were waiting for this capitulation and have bought in. Momentum should push up
Dyor
VOC Price at posting:
$6.09 Sentiment: Hold Disclosure: Held