big seller out, page-35

A PS: Look at the difference between Valads update and APZ's update http://www.asx.com.au/asxpdf/20081219/pdf/31f8l5xhsnzz3w.pdf . The later has the issue, background and what they are doing.

VPG only says something when they have to. Even the $ raising the other day did not indicate if they where selling the family jewels or non core assets. There is a difference. Cause selling performing good assets means down the track your earnings will suffer and leaves you with the dead wood.

Also note that 30/10 when the remunuration report was soundly rejected, they did not ref. an action other than it was a non binding resolution.

The other thing i find suprising with vpg and others like it, if you were doing "everything you can to restore shareholder value", why wouldn't you be updating the market with every good news story you can as well as updates that say "no change however just letting you know we are ticking along".
Thats because in the absense of information, the market will have a -ve sentiment to the stock.