Agreed and good point regarding foreign owned companies.Rajaraam wrote:No Specific reason for VONE to drop. The market behaviour prevailed these days do not allow any share to recover.Only shares of 90% foreign owned companies are moving up.(Eg;Nestle,Ceylon Tobacco,LLUB)
The reason is they are continuesly declaring good dividends since they want to take money earned.Therfore any small shareholder also get good dividends.VONE is a new company and it needs reasonable time to grow. Therefore in a bear market you cant expect more than what is hapening now for not only VONE but PLC,EXPO also.
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