Excellent posts, Redfaces. You're spot on about this company: as...

Excellent posts, Redfaces. You're spot on about this company: as the share price continues to sag, doctor partners will keep wondering why they bother retaining their contracts with VGH when they could instead go into private practice independently. Either VGH will give them big payrises to keep them on board, or they'll lose them. Either way, VGH's profits will decline.

And frankly, I can't see VGH being taken over for anything more than its book value: its goodwill is virtually worthless, as I see it.