ACB, I have no argument with you about investing in companies with quality management.
I consider that the management of VNS has the potential to build the company to a market capitalisation of in excess of $200 million based on the projects that they have got in the portfolio, always subject to technical success on the projects. Therefore if VNS share price was to reflect a market cap anything like $200 million I would be very happy.
I will invest in VNS over a timeframe that can provide that potential multi-bagger opportunity. If you decide not be invest then so be it.
I think VNS has demonstrated already its capacity to move up on very light volume. Now just imagine if they announce drilling on one of their projects....
Thats good management in my investment book!
VNS Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held