Distressing? It's called buy time! So Pro just went on the bid again.
Europe is basically a free shot for VPG, the funds management business isn't on the balance sheet and the risk is all with the bank. Revenues in Euro's may be weaker but most analysts have been wrongfully assigning zero values to the funds management business there, so selling down on a weak Euro isn't justified IMO
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Distressing? It's called buy time! So Pro just went on the bid...
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