As a long term holder I am not too perturbed by these events. I think it is a good thing that Vector is off the register. Short term price pain for long term gain. It also becomes a potential target for someone that is interested now that the blocking stake of 22% is gone. It may even go under 10 cents for all I know (The market can do funny things) but long term with the changes current management have made, earnings should underpin a healthier SP. I do not think this coming HY will show the full extent, we may have to wait for the FY to reap the benefits.
Price at posting:
12.1¢ Sentiment: Buy Disclosure: Held
