VPG 0.00% $1.79 vodafone group plc.

Ann: Valad Property Group - Retail Entitlement Of, page-9

  1. 468 Posts.
    re: Ann: Valad Property Group - Retail Entitl... based on what fundamentals?
    saying 'the market looks screwed' isn't justification for a sell claim, or an assumption of sub 10c sp.

    I'm the opposite to you - there are no fundamental reasons why this SP would retract to below 10c now investors have ruled a line at 10c.

    after 4 red days on the asx, this is still trading at 14c. VPG's position is now better, balance sheet stronger, debt reduced = consolidated share price and a new floor created.

    my amateur analysis suggests no one will pick this up at or below 10c anytime in the future. I will be holding all my stake and picking up all my entitlement in the offer.

    do your own research and don't rely on me, or anyone else's opinions please.
 
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