RE:VRN vs WCPPretty certain the run up in VRN was orchestrated by the banks and firms that got stuck sitting on millions of unsold shares from the last deal VRN management did. They've likely finished selling them to clients and what we're seeing is a reversion to their value. Perhaps once debt is dealt with and a respectable dividend/yield we'll see the price recover closer to WCP.
rusty777 wrote: Interesting.....it was not very long ago that VRN had a share price just over $1.00 GREATER than WCP and now we see WCP over $1.00 more than VRN. In relative terms VRN is down over 25% relative to WCP.
Management must be SO proud!!
GLTA
Rusty