Vanquis Banking Share Price (VANQ)

Tide turn, successful injunction to stop frivolous legal claims, write off of credit card debt for this FY not as large as the accounts forecast, trading update showing the app is delivering increased engagement and revenue, a few more of the board buy in, staff reduction and offshoring beats budget again. CEO doesn't seem the type to report rubbish so at least updates should hopefully be able to be taken at face value. In my top drawer, but still adding a few on the drops.

PottyTime … as my old mum used too say patient is a virtue but sometimes investing tests one’s resolve.

Bottom drawer it is then.

Hi Pooks:

Before the car finance stuff hit the fan a few months back, we were struggling to get above 136 approx . When it dissipates in I guess about a year or two (!) we should (according to Newtons classical universe) see the business improve its attractiveness to longer term investors. A divi, even a small one should really add a boost.

Meanwhile, as I've said some time ago, it's a bottom draw 'er for me (I don't have a cellar). GL

Fellow investors when will the tide turn or at least stabilize ?? Only positive thinkers please .

Sorry, that is a bit over my head, but if neither the BOD, nor LTH's would benefit from it, then it sounds like it is DOA.

With my average, I would happily take that figure though, FWIW :)