Point taken on numbers of shares I simply took the number from ASX. I suppose also there is currently an unknown value to be ascribed to having approximately $60 million cash available to use following acquisition which should have stood as a fact by itself.
On the second point regarding prior predictions by the company falling short of what transpired do you think that there is something more to the failure than simply unforeseen circumstances. The reality for share holders is that you need to be able to trust that such predictions are honestly made based on solid evidence which is in the hands of the company at the time.
At a personal level I also would prefer that the offer or assistance had come from one of the existing alliances but I have a strongly held belief that Cavatak will prove its worth and all these intrigues and unusual movements of the share price will mean nothing in the end and as such I remain optimistic.
VLA Price at posting:
77.0¢ Sentiment: Hold Disclosure: Held