VPG vodafone group plc.

what is vpg's financial state

  1. 707 Posts.
    The share price of VPG has dropped to lowest for year. Is it solid or could we see it go under? Is VPG tied to a property market recovery only or is it losing value at too high a rate to sustain its debt given the high gearing of 46% before a recovery kicks in? I see it has nearly halved its NTA over the year.
 
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