Held up excellently today - this has been going up on very high...

Held up excellently today - this has been going up on very high volume and dropping back on comparatively low volume. I notice there are still very few shares on offer between 6 and 7 cents. I don't believe this story is over yet. Personally, I consider this to be the finest company I have ever discovered since I joined HotCopper in 2010.

Some points to remember

♦ VIV has finally turned cash positive and is a cash generating asset, unlike most nanocap stocks on the ASX today.

♦ Australian energy prices are higher than ever before: this is affecting the bottom lines of businesses  everywhere. In the scenario of a market recession, the benefits of energy efficiency are both more apparent and necessary. This is especially true of VIV's blue chip clients like Woolworths and Coca Cola wanting to protect profit margins.

♦ "The investor that always worries about next quarter will sell at any sign of imperfection. Since no company is perfect, this means they will always sell too soon. Short-term investors will accept a 20% gain because they didn’t spend the time to develop the conviction and foresight to see the next 500%."

♦ "A multi-baggers journey is filled with the corpses of highly intelligent-articulate naysayers. There isn’t one great stock or company that wasn’t credibly doubted all the way up. Put on your armor of diligence and conviction so you can hold a great company when you find one."