About time.
VPG is severley oversold. IMHO, the reason it is back down at around 0.10 is due to the rights issue shares at 0.10 being sold off. Watched it trace back from .16 to .10
I took 600k in the issue at .10 (adding to my 2.5M shares) and have not sold one share. I have only been in the stockmarket for 18 months. VPG is one of the stocks that got me in.
IMHO, this stock is about as safe a stock as you will find on the ASX. Grossly oversold. Good NTA. Little exposure to Europe. Safe gearing.
Anyway, did not post here to ramp up. Just to post my opinion, and to ask PJSimon, HW, Propunter, Nursery, Haka, Stringtickler and Selmax for their take on the situation.
impending results?
About time.VPG is severley oversold. IMHO, the reason it is back...
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