I don’t agree but I guess your view will always be as a trader so taking your pips selling into announcements is standard practice. With that comes the risk of missing the boat. As we all know gaps on good FA don’t get closed and let’s be honest stale holders exited last time and previous news was somewhat expected really overdue from October last year. For what it’s worth I know who actually sold a few to close that last gap that’s what a joke gap theory actually is. All of a sudden a few sheep were back buying in lol. How many have been left on the sidelines right now and will miss this next rerate?
Anyway I think what really matters is who the “soph” is?
With the bigger picture and general transition taking place within VEC I’m expecting a cornerstone investor who won’t be interested in TA gaps and all the BS so anyone selling good luck getting back on board!!
Considering we have a suspension I’m feeling more confident the news is seriously hot and this news will attract said cornerstone investor......
Let’s see what news we have this time.
VEC Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
