CC I like your posts...VAN was trading around the 24-25 cent mark before the surprise takeover bid was announced and like most takeovers the bidder always suffers a drop in share price until the true value is realised. As you know most things in life are a risk however I do not agree with your statement that VAN has much to loose as DAU holders! I can't see how VAN who owns 100% of Plutonic Dome with huge short term revenue prospects compared to DAU that has 0% of any valuable assets that requires $10's of millions to develop with extreme long term revenue forecast could be loose as much as DAU shareholders!
Once again what is your alternative if this bid fails? More of the same?
CC I do wholeheartedly agree with your post from a wee while ago where you said: " it reminds me when State Governments discover Local Councils being corrupt and working for their own interests and the first thing that happens is an Administrator is appointed to prevent further corruption and loss. The same thing needs to happen here with DAU"
Why not make VAN your 'administrator' at least you are getting something for your shares?
VAN Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
