STRABAG

75 days ago

Van Elle – recommended offer, bank a near 38% gain?

Van Elle Holdings (VANL) shares were recommended in 2024 at a 37p offer price and up to 40p targeting a recovery to 50p+ and we most recently wrote on them this January, concluding that the valuation looked to include very little for recovery potential and, for the patient, that a return to a 50p+ share price was quite possible. As it has turned out, from then not much patience has been required...

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