At 1.05 it will be trading at 7 times management projections of FY2018 earnings (mid range EPS of 15c). I wonder if market is pricing in some impact from currency devaluation (does VTG carry this risk)?
Strange also that VTG seems to have totally missed the uptick in telecoms shares (well this is not strictly telecoms, but adjacent)
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Down 7% in an day on no news?...., page-61
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