How good is VBA's share price at $0.675! This is cheap and provides a great buying opportunity - I've been buying up in the last couple of days and now my portfolio lacks any sort of diversification. If you think about it VBA came out with sensational half yearly results and surprised most people in the market and they also hired a CEO that is highly regarded by the market. There is no doubt the board is pro growth and believe they have the right person to do it successfully. Also, after the news (half year results) the SP hit $0.655, that means VBA is up only 3%. I can tell you even on the most conservative valuations this stock is worth more than $0.675. Also, it would seem that Blackrock bought another 1% of the company at an average of $0.655. What this means is they think there's plenty more upside. While, I'm not sure who's messing around with the share price, nothing has changed and at these levels VBA is a great buy. Does anybody else have any thoughts on the recent SP movements?
VBA Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held