Makinmoney is right. Both the doctors and the market are not yet convinced. Long term investors, which includes the doctors who probably sold their practices into the business with a fair component of shares as payment, were severely burnt in 2010-11. Some investors are more slow to forgive than others. But my view is that you have to put that behind you and judge the current story on its merits. Sure you can sit and watch but what will it take to make you come in as the price gradually increases.
Its a matter of where you think the risk/reward break even point is. Being a bit of an eternal optimist I think the risk is much less than it was 6 months ago and the prospects for a decent reward are very good. On this basis I am a buyer.
VEI Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held