VTG 0.00% 8.1¢ vita group limited

Down 7% in an day on no news?...., page-21

  1. 2,144 Posts.
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    Maybe the combination of a perfect storm of a bunch of things ... just guessing...

    1. Market down big-time overall apparently because of Mr. Trump's financial plans for USA. (?)
    2. Maybe investors taking a good opportunity to tax-plan before EOFY.
    3. Manipulation by big holders in preparation for DRP buy-backs.
    4. No confidence in VTG because of lack of any useful information about future plans coupled with apparent lack of any visible financial benefits from recent acquisitions.
    5. Borrowing, despite (apparently) up-beat performance announced earlier this year.
    6. Fear-selling that all the above creates.
    7. Sale of shares after confirming divi on holdings.

    ... and others ... feel free to add.

    On the plus-side.

    1. Big holders-in-the-know have purchased at much higher SPs than current and will want to see a return.
    2. VTG business model relatively secure.
    3. Up-beat financials in line with announcement earlier this year.
    4. BOD and instos heavily invested and instos mostly under water right now.
    5. For every sale there's a buyer.

    BTW - yesterday's 1.5 mill turnover yesterday (Wednesday) included a single trade of about 500k around close.
    Last edited by denbo: 29/03/18
 
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