You will not win any friends saying that sort of stuff around here. VG1 said they would target a 10-15% pa return through the cycle. The cycle is defined as more than 5 years and while more than 5 years is one year away, investors cannot see a turnaround story. Every step of the way, we have RL admitting the mistakes he has made. What is stopping him from making more mistakes? The grossed up returns are closer to 3%pa. I on the other hand only have 6% total return for the last 5 years including grossed-up divs. It's pathetic.
Email from McComas, page-13
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Last
$1.98 |
Change
-0.015(0.75%) |
Mkt cap ! $538.5M | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.98 | $870.9K | 436.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14110 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 20351 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| VG1 (ASX) Chart |