I assume there will be another time extension, as the same directors work across VIC and HDY. I think their priority will be to answer asx query on HDY first and get that out of a trading suspension and then progress VIC.
However under disclosure rules, VIC management are allowed to provide a progress update right?
Must say the longer this drags on the less hopefully I am of seeing any of my money back. Oh well my choice. Take away, really research the directors back ground and if more than 50% of the management team are lawyers or accountants and not sector specialists relative to the sector your investing DON’T, JUST DON’T.
VIC Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held