have we all lost interest in this one

I guess like most of the current holders, I am very disappointed in VPG and with the looming consolidation, it just means there is going to be a new floor to in the share price, so hold on to your seats as there we be more room to fall.

It is just getting uglier by the day, but is it really that bad?

The bottom line is that after all the write-down it still has a NTA of 13c and that almost double the current share price.
Lots of cost savings and so on.
So is it that we just dont believe management?

Any thoughts