VOC vocus group limited

Vocus, I think, is the ultimate test of shareholder patience and...

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    Vocus, I think, is the ultimate test of shareholder patience and in my case holding one's nerve.

    I am comforted by the fact that Janchor came on board on 28th September last year, just 7 months ago. They obviously saw value. I suspect they didn't see all of the integration problems swirling around the now departed CEO.

    It has been a tumultuous time for shareholders. In the months preceding last August's annual results two unsolicited, non binding indicative bids were received sending the share price, albeit shortly, to $3.50

    The bidders walked away, the SP tanked. Recently the SP fell to a low of $2.15 on 4th April, just 2 weeks ago.

    VOC has had to cope with a failed takeover bid/s, CEO resignation, resignation of the Chairman, short seller activity and now a nearly completed NZ sale process. This has tested the SP to an unbelievable degree.

    Vocus does however have at its disposal a red hot Chairman with deep industry knowledge and brilliant financial market connections along with a committed long term value adding major shareholder.

    So my message to shareholders is hold on whilst the final stages of the NZ sale process plays out and then assess the outcome.

    Rest assured Janchor will put Vocus in the very best position it can, as it is in Janchors best interest to do so, and, our best interests as retail shareholders.

    GLTAH
 
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