The delay of V Australia may be a point of contention for some...

The delay of V Australia may be a point of contention for some institutional holders.

VBA should have been using this season to start that leg of operations. The missing revenue may not provide them with the performance or growth that these large holders require.

Some people are indicating a financial loss for FY 08/09, who knows yet but may be more a case of less operating profit than previous. Either way imo all bets are off post XMAS and imo a ST Buy at best if operating profit rumours are even half correct.

I got back in this morning at 31.5c having previously exiting from 35c a few days ago and will sell at 30c if this keeps up.