Hey all,Been with VVA from around the beginning initially buying...

Hey all,

Been with VVA from around the beginning initially buying in at .80 and have continued holding accumulating more along the way. Haven't sold any and last time I topped up was earlier this year at 2.73 as I thought I was buying at a good discount considering VVA hit ath on 14/12/2020 of $3.66 dropped then hit over $3.00 again so I thought when I last bought it would bounce back strong especially with the last ann but it appears it has stayed on a pretty steady decline as of late.

I noticed that there is very little threads or chatter regarding VVA and peoples thoughts etc on the business and future of the company. I would be very interested to hear from others.

I read an article two weeks ago which posted the below price predictions:

Target price is $3.28 Current Price is $2.62 Difference: $0.66If VVA meets the Moelis target it will return approximately 25% (excluding dividends, fees and charges).The company's fiscal year ends in June.

Forecast for FY21: Moelis forecasts a full year FY21 EPS of 3.60 cents.At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 72.78.

Forecast for FY22: Moelis forecasts a full year FY22 EPS of 8.30 cents. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 31.57.

Moelis forecasts a full year FY22 EPS of 8.30 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 31.57.

I guess to be honest I'm a newbie and trying to figure out what has been driving the price down so much lately with limited buyers around also. It appears VVA is clearly growing, opening multiple new establishments and taking over the Australian fitness market. So why the downtrend? People waiting on next ann?