BGL would be a perfect match for VAU. Share price performance in the same league as VAU. I read somewhere VAU may be interested in bidding for BGL. I'm assuming it is just speculation perhaps. The idea of VAU buying another loser may just be causing the selldown today in VAU. I sold 25% of my stake in VAU at the open today. Probably sell the rest if with some magic they hit production forecasts and the share price puts in a bit of a rally. Though I bought in thinking to hold for a re-rate after the hedges drop off, my view on VAU has turned from optimism to neutral or perhaps even sell.
VAU Price at posting:
41.8¢ Sentiment: Hold Disclosure: Held
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