VEC 0.00% 1.2¢ vector resources limited

Ann: Half Year Accounts December 2018, page-69

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  1. 3,656 Posts.
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    no doubt it is rife but that is the most blatant example I have ever seen.

    $300k loan with $120k fixed interest repaid with $325k + 17 mil shares deemed as $306k (1.8c but really 0.55c) to someone who has only been removed as a director in thethe 6 months before the loan was created.

    Absolute slap in the face to holders by management after everything else dodgy that’s happened as well.

    I don’t think even the biggest fanboy can put a spin on that.
 
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