Cheers Haka, all we are doing is trying to work out why VPG is being treated differently to it's peers.
I suspect it's size is the biggest problem, less than a year ago it was valued at $3.2 billion now it is just a tad over $500 million ?
I also hold EBG, it has very solid assets that could easily be liquidated tomorrow for over 30c a share and yet it's trading at 14c.
Todays movment on the ASX shows that there is cash being invested in the market, but only on selective stocks.
Look at how GPT has come off it bottom even though CBA and MQG have been selling out ?
speaking of MQG..........look at the wild price swings on it, down 25% yesterday and up 38% today, this market is all over the place.
VPG has had two attemps at setting a bottom, one at 80c and one at 50c...........both have failed.
This is making the market highly suspicious.........they need to step in and give their opinion on why the price is not keep stride with its peers.
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