Hello crazy punter...I think it was you that was talking about "would this company be a take over target" ??
I trade but I ALWAYS look for value to trade..having said that...anything and any stock in any exchange in the world is always a take over target based on a few fundamentals...in which VOC definitely is...
If a NAV is less than what the company is capitalised at "AND" generates the income a year or more like VOC and earnings going forward look appreciative then vulture capitalists are ALWAYS going to be doing numbers...with VOC the banks have their foot on its throat until it shows a turn around in revenue.. so fortunes behold the brave...having said that Telcos all over the world have been belted so if you look in general as to where VOC has come from, where it is now, where it looks like it is going...then this is the bottom floor to trade it at...hence a side ways chart...but it would be fair to assume there are a lot of fingers on the trigger with this little baby... its a good buy for me in any capacity...hope this helps...read a book called "BARBARIANS AT THE GATE"...its all about the take over of a small company you may have heard of hehehe...happy trading..
VOC Price at posting:
$2.35 Sentiment: Buy Disclosure: Held