VOG 2005 New Thread

From John McHugh i i i board:

There is a degree of inevitability about any stock where supply is tight and demand is constant. The Institutions are enthusiastic by the information they have seen. The fact that the shareplacing was oversubscibed by 2.5 times means that institutions are buying in the market with private investors. Before this placing, some 46% of the shares were already in their hands. Since there are only 98 millions shares in issue, what is available to Joe Public is not alot. The arithmatic is in favour of a continuing rise with presumably further news of assets and their commerciality not more than a few weeks off. Any weakness will be temporary as buyers make the most of the opportunities. IMHO. DYOR. Follow the Institutions.