As an aside, I invested in ST1 which is basically the TNT of small cap telcos after watching the coffee microcaps where they and VOR presented. They’ve done 4 acquisitions since then and are up 100%, can’t recall what VOR was trading at but wouldn’t be anywhere near that. The market rewards growth and the reason we are lagging is because TNT’s growth profile is better, creative accounting or not.
VOR Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
