Struggling to see the link between old director misdeeds and current?
99% of penny dreadfuls have history if your willing to dig 10 years back... there is a reason they are trading at such low levels and with so many SOI and it isnt because they have been managed well in the past....
In no way am I a fan of the current lot but think this is drawing a long bow.
Baillieu Valuation of VEC, page-334
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