Look I have been quite negative here too, but your post has one major problem. Unless the new dude has been living under a rock and didn't have access to google I am sure he knows what he is in for (given the company has been in suspension since Sept).
The intriguing thing for me is this guy has a background in M&A, so I suspect VIC will be spun out as a shell, different name, with the current assets to someone for a very low value and SH will get shafted. It is what happens when the ASX/ASIC doesn't do its job and keeps a company suspended for months because it is to gutless to charge anyone and is relying on that company (like HDY) going under because they can no longer trade solvent. No Directors will be charged if VIC becomes insolvent IMO and goes into administration and class action will be fruitless because it costs a bomb, takes years and what is the point when the company no longer exists. Again refer to this post why I have this view - Post #: 37215533 and Post #: 37215644
What SH are actually hoping for is that the new dude, along with ditching Everblu lead to Vic relisting so that over time they might be able to recover monies here (and obviously until hen this guy can actually use contacts to raise some cash so Vic can still trade as a ongoing concern). Yes SH here have hope, and understand that that hope may be misplaced but I am not sure why you are seeking to remove that hope in the interim. I mean VIC is suspended so you can't manipulate the SP. I would suggest that most people you are replying to believe more than likely they will lose the lot (+50% - 80% chance most here think that is the likely outcome for them), but they cling onto a 10% - 20% hope they can salvage something here over time if VIC remains listed. I have already resigned myself that more than likely all will be lost here, but wouldn't want to remove their 'hope' until the fat lady sings. In part it is why I post seldomly here now.
All IMO
VIC Price at posting:
0.5¢ Sentiment: None Disclosure: Held
