Well todays result not as bad as it appears. Overall pretty much a red day for the market. While looking only at the sp it shows -9%, the VWAP is almost the same as yesterdays. Plus the fact the closing auction went to 0.10 due to a single share difference between bid/offer, about all I can conjecture is business as usual as far as everyone including day traders are concerned. Assuming a continual recovery both in markets, sector and property, plus assuming a u-turn in profitabilty as indicated by the past three reports, it's only a matter of time before sp increases. How long and how volatile is the question, but for all appearances looks like vpg has achieved it's short to medium term base lows and some kind of stability achieved. Hopefully I'm correct since have tired somewhat of the past 6 months philanthropy at traders benefit.
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