Obviously it is due to market fear.
Why would Scarborough offer to have a debt to equity swap at this stage?
A large part of VPG is Scarborough's business. They obviously know better than anyone else.
ORbis buying until Feb 5.
No institutional investors issuing announcement of reducing their shareholding following the recent announcement on 23 Jan.
Even the bearish JP Morgan has a 10 c target for VPG.
Plus my the worst case value calculation.
Doesn't all the above suggest that there is value at even a 10c share price?
People here saying it is going to go down to 2.5c are just spooking the rest of us so taht they could buy more cheaper.
Smartivestor22 is an obvious one. He has been inconsistent with his opinion all the way along, simply depending on what he wants to achieve. He is probably even not as good as SB2000 (if he is honest).
Obviously it is due to market fear. Why would Scarborough offer...
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