Well that's one way to look at it. No way in hell they can drop 65M shares from 6c to 5.1c - it would take minimum 60 days based on current volumes and that's assuming there is day after day of walls between 5.1 and 6c. They'd end up with losses if you ask me. But whatever.
Ann: Launch of Velo Resources and Vimy Board and Executive update, page-38
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