Auto, Have a look at page 30 of their presentation dated 28/10/09.
VPE is now even more chocker with ex QGC guys. Ian Davies, who incidentally took a salary cut to join VPE, has now attracted several more QGC guys onto the management team.
The reason is the value of VPE's CSG.
This stock is going to replicate what NZO did to me. NZO went from 26 cents to over $1.25 following a change of management and the realisation of their portfolio. Sometimes I see the situation a bit early. Patience is required in this game.
Not only has VPE got new management but it is about to embark on a Brand change.
Climb aboard. This is about to happen over the next 12 months.
VPE Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held