VEC 0.00% 1.2¢ vector resources limited

Baillieu Valuation of VEC, page-457

  1. 2,339 Posts.
    lightbulb Created with Sketch. 721
    At the stage of resigning finance arrangements were in order, with FT. Unless you know better? Please share. Later on when the drawdown was requested FT didn’t come through. The suspension in relation to alternative financing arrangements was a month later, end of January. Notably after FT share issue was approved at the EGM meeting.

    It wasn’t all in the one moment as you are suggesting. It’s pretty obvious the order of events.

    Management got next to no time to make new financing arrangements at a drop of the hat and that crap deal with Magna was all that appears was available, hence they got held to ransom. Again pretty obvious. The middle finger most likely from Magna if you are angry and looking for a source.

    Venting isn’t going to help the SP nor your holding......

    Last edited by Mutley8: 23/03/19
 
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.