VGH 0.00% 12.0¢ vision group holdings limited

I hope we don't see 1.65 again. However, the last few days...

  1. 481 Posts.
    I hope we don't see 1.65 again. However, the last few days trading smells a little bit like end of financial year window dressing to me. Fund managers, not doctors.

    I think you'll find most ophthalmologists earn a lot more than 200k per year. That might be their yearly tax bill, after all the tax dodging.

    Part of the issue with these corporatised plays eg Sonic, VGH, et al is that the doctors still have whoever runs the company by the short and curlies, so management are left with entrenched high overheads.

    Another bear market rally and I think you might make a pretty comfortable 30-40% return, Storchyman.
 
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