VEC 0.00% 1.2¢ vector resources limited

Ann: Half Year Accounts December 2018, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,656 Posts.
    lightbulb Created with Sketch. 265
    I will repost without the 'strong profanity'

    This is another fave of mine for the half yearly:

    https://hotcopper.com.au/data/attachments/1472/1472889-7f1275011eef149bccc1419bdef816c0.jpg
    $631k ($325kCash and 17 mil shares) to repay loan and balance of $420k, so really the deemed issue price was $0.0055 (not the $0.018)... no wonder there has been so much selling pressure.

    How they can justify and get away with this blows my mind.

    A $300k loan just ended up costing 210% to repay and considering the loan was only in place for less then 6 months.... wow... just wow.

    I wonder who Contact Nominees are? rolleyes.png

    Almost makes the Magna deal look good... ha.
    Last edited by Big Kahuna 101: 18/03/19
 
watchlist Created with Sketch. Add VEC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.