The telling sign since the half yearly and the leaving of Geoff is that no instos have been buying and that can only mean that the big guys expect the new Boss to clear the decks and have a cap raising as maybe sell off NZ and have no debt at all. Wonder how that would go? I would say that would be a very positive outcome. Contrary to what many investors think, a cap raising does not have to be done at a discount to current share price. Many would be prepared to tip in at current share price in order to put Voc in a good financial position and reap the rewards within a year. All it takes is the Balls to tell the market that you have a good business and will not discount your share price just for people to make a quick buck.
VOC Price at posting:
$2.37 Sentiment: None Disclosure: Held
