VPG 0.00% $1.79 vodafone group plc.

looking primed, page-11

  1. 1,596 Posts.
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    Well, the buy stack is just getting stronger and stronger, and whilst it seems stalled over the past few days between the 1.09 to 1.11 range, there seems substantial support beow that and not so much resistance above it.

    Its institutional investors have introduced stability. I think that when it moves it could move quite swiftly. We have a 4 week high of 1.28 and so even a return to that would be a tidy 16% profit.

    Beyond that short term perspective, we are about 50% of NTA in broad terms, so a return to NTA would be 100% profit from here. No doubt that is why Westpac etc have become substantial shareholders.

    I have been topping up at current levels. Good luck to all.
 
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