"It's called buy time! So Pro just went on the bid again".so did...

"It's called buy time! So Pro just went on the bid again".

so did hatch.

jumped out at 13 and have been waiting patiently.

There is a lot of risk aversion currently, and any headline involving Europe has seen people reluctant to hold the SP up at higher levels.

so buy time it is!

Pro is right and I totally agree, all our assets on balance sheet are located outside of Europe and last NTA was 16c

Europe downside is from reduced income on funds management only. the assets have already been transferred over to DUKE at a zero value.

yet should they increase in value to a point that there is +equity in the JV, then VPG still holds a 50% stake.

The EU funds management bus. have a value of 4c (which the market appears to be ignoring even when it is continuing to attract new business).

The weak Euro could see foreign investors view distressed assets with a more positive tone, as they are getting a discount on a discount, which may support asset values to an extent.

good buying here, but don't spend all your $$ as we don't know what tomorrows SP will be.

Recent low was 9.1 and last last time we broke through 10c, I think we only touched 9.9 then 9.8 the time before that.