When VBA SP came back down to 25 - 25.5. I did my research and came up with the conclusion VBA was oversold and the SP couldn't go any lower.
Today the market has shown me otherwise. The SP has hit a new low and I can see a possibility it will go much lower. Holding VBA at 25.5 I don't want to see the SP to drop but the market doesn't always grant your wishes.
Although the timing may not be the best, surely the launching of the new part of the Virgin business cannot completely outweigh the strong domestic business Virgin have built up in previous years?
In still think VBA is Tooo cheap, but I must admit to thinking on the other hand 'the market' knows something I don't.
Your thoughts appreciated.
When VBA SP came back down to 25 - 25.5. I did my research and...
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