Looks like there will be some loss to VTG, although this should be confirmed by them. 78 Telstra stores are closing. One would think that at least some of them would be run by VTG as they run 104. They will pick up 5 of the Business Technology Centres. Whether these compensate for any losses incurred by closure of retail stores remains to be seen. All just IMO. Should be clarified by VTG management.
VTG Price at posting:
$1.54 Sentiment: Buy Disclosure: Held