The short selling pressure has to ease some time. VBA has unfortunatly suffered more broadly from the markets general attitiude to any debt.
VBA are well positioned in the Australian market and will continue to improve on their business model against the current economic pressures.
Post XMAS (Decemebr)figures should be higher still for yield and revenue, as well as a fairly consistent POO.
Cant say i am not dissapointed at the SP, however the doomsday scenarios are just fantasy. VBA's SP retraction may be short lived if those large orders are anything to go by.
All the best.
The short selling pressure has to ease some time. VBA has...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)