I think a lot of the comments today have been overly negative about VLA. With a market cap of just over 100m it wouldn't be hard to imagine a market cap above 200m if we get some further good news - SP easily over one dollar in that case. Nothing but good news this year and a high of over 90c. Seems to me to be good buying opportunity at anything below 70c.
If you look at the downside risk - stock could go to 60c, v the upside risk - could easily see SP above one dollar - seems to me to be a good risk reward ratio to buy in at these levels.
VLA Price at posting:
69.0¢ Sentiment: Hold Disclosure: Held