VET 0.00% 12.0¢ vocation limited

Ann: Update on Strategic Review and Appointment of New CEO, page-11

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  1. 421 Posts.
    Herd mentality.

    In my opinion the shares have been oversold. They were 24 cents when they announced the poo had hit the fan, then went into a trading halt. Since then they have pretty much wiped debt, offloaded some entities while still keep a few solid earners. Prior to this there was talk of class action (which is now confirmed) which is probably putting a few punters off.

    In a few weeks the strategic review will provide insight and future forecasts. They were talking of a new structure with $50m to $100m turn over. I hope it comes in at the higher level then the shares will fly out the door.
 
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