Post by
rusty777 on Sep 09, 2024 3:17pm
VRN vs WCP
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
Comment by
Anschutz on Sep 09, 2024 3:29pm
Pretty 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.
Comment by
Mrlongpants on Sep 10, 2024 12:42pm
WCP dosen't Trade on the US exchange bur VRN does. More buyers and sellers.VRN better bang for your buck in my opiinion Dividend better for WCP. 72Cent vs 46 cents.