Australia's largest stock trading and investment forum Australia's #1 stock forum

VEC

Click for more information

0.00%

1.2¢ vector resources limited

Baillieu Valuation of VEC, page-298

First 298 Last

Share
Profile

Follow
MeToo

3,857 Posts.

79

21/03/19

17:07

Post #: 37842713
Share

Originally posted by Jadis ↑

This is the part I think cfp is missing; VEC is probably closer to turning off the lights than it is "$26billion in profits", with a tight deadline looming and dilution being the only barrier.

That could very quickly change if funding is secured, so I wouldn't call it a tail spin or death spiral, but right now we're approximately 60 days away from a very serious problem, with Magna being a clear red flag.

I'm not suggesting VEC is a lost cause or that the end is nigh, but we're down a lot of SP value with a nasty potential event on the horizon. It could instantly 180 with LT finance being secured (actually secured, not just in name only with a failure to provide funds when needed), but the AK profits are far from a sure thing until finance is sorted.

Expand

I would love to know why JB left (resigned to appease whoever complained about “left”

To me it seemed odd.
“Job Done” with hindsight, doesn’t wash!

VEC Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

HotCopper Highlights: Your most watched stocks for Week 47, 2024

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

There are more pages in this discussion • 281 more messages in this thread...

First 298 Last

Add VEC (ASX) to my watchlist