Hi Volm, I am still surprised by this action in this stock. I know on PE and projected growth and sales it looks good but I can only feel some brokers must have firm recommendations and be pushing it. However the sale of Eynesbury gave them a pretty big loss and if things are so good I wonder why they are exiting now in such a big development half way through. Also its about all they had in Victoria. Maybe to concentrate Qld, I don't know. Notice someone wants it at $1.70 today on open so we'll see how it goes. I'm hold quite a few but still don't want to get off a moving stock. But this trend must turn soon. Potentially I'm a seller at these levels, or around the NTA. Will be on lookout for any big sellers in there today. The housing recovery does seem to be gaining momentum and with a new Gov. it could pick up further. G.L. with it.
VLW Price at posting:
$1.64 Sentiment: Hold Disclosure: Held