Village Life

Village Life (VLL): Winner


The winner of the week this week is Village Life (VLL), whose share price jumped 60 per cent after selling 23 retirement villages to investment group MFS. Note how the volume peeked above the 50 day EMA a week before the major jump last Thursday, which was also supported by a massive increase in volume. The last time the volume for the stock spiked above the 50 day EMA was the fall around May 10. The stock closed the week at 16 cents after traders took profits.

Week 13 ASX Winners and Losers


The winner of week 13 for 2006 on the Australian Stock Exchange (ASX) is Village Life - up 82% on merger speculation. The loser of the week was realestate.com.au with a 15% loss in a week to $3.45 for no real reason.

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