VOC
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0.00% $5.49 vocus group limited

Strategic buying?

  1. warhorse
    520 Posts.
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    22/05/17
    12:26
    Post #: 24832944
    Vocus is running way too hard for this to be just general market buying or short covering. The fundamentals have not improved nearly fast enough to warrant this aggressive price appreciation.

    Looks to me like a high chance this is strategic buying on market, from either a private equity firm or corporate, looking to lock up a blocking stake or secure a beachhead before a takeover attempt.
    VOC Price at posting: $2.68 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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