VOG

Hi
This report has come through in my inbox. It maybe of interest to those who hold them:

www.edisoninvestmentresearch.co.uk/resea.../VOG150213update.pdf

It is now sub 2.00p

Bad news on the way? Or will this find strong support somewhere?

That looks a nasty chart with all the lines pointing downwards which is what I suspect it will do.

VOG are on the point of not just being a Gas producer but a fully integrated gas company/Utility.

But the chart does not look like this has any market confidence.

I think it will go sub 2.00p

as for today
Green trendline 2.10
yellow 2.05
red 1.74

Hi
I have recently looked at good old VOG again.
It seems to have broken a key support of 2.4p ish. I cant seem to find a support underneath that on my freebie chart.

Can anyone else? Or do we have to plot a fib line to figure out where the support is?
I never understand VOG, it seems to be producing the gas and selling it, but its price is always depressed.

thanks
G