I think by staying in whilst funding again is needed soon and with whats just been raised it already has the writing on the walls....
They will be raising money at all costs to stay afloat and the lenders that are willing(with little to no risk)will know this and they will be making a killing at holders expense..
A crying shame that the finance deal they originally ann'ed fell through, if holders knew this and Magna and co. stepped in then this would already be trading below 1c, i think some are feeling that the wool has been well and truly pulled over their eyes...
VEC Price at posting:
1.3¢ Sentiment: None Disclosure: Held