VML General Comments - Chat, page-3393

Agree; June is generally a difficult month, with plenty of re-balancing and tax loss selling, especially in spec stocks. August to October should be far better for us, apart from the fact that a heap of performance shares will be coming out of escrow I gather. Just looking back, it seems to me as though the worst pillager on the books was ****** *******. He was only on board for a couple of years but walked away with millions and is now probably comfortably on board his yacht in the Caribbean. I'm not saying he did anything underhand - he was probably just a clever businessman with his own interests at the front of mind, like most directors - but I'm not exactly sure whether he was worth to shareholders as much as he walked away with. At least the present directors have us on a worthwhile course towards a profitable future (we trust) even though they've benefitted quite nicely themselves.