Australia's largest stock trading and investment forum Australia's #1 stock forum

VEC

Click for more information

0.00%

1.2¢ vector resources limited

Good post......with all the distractions going on about Magna...

First 336 Last

Share
Profile

Follow
Mutley8

2,339 Posts.

721

22/03/19

09:53

Post #: 37848675
Share

Originally posted by Trader28: ↑

Here is my take on resolution at last EGM in whichissuance of shares was granted to FT.

If FT were not still being considered,why bother getting such a resolution passed? I understand the speculation, whether FT gets across theline, or whether it won’t? This a fair argument. But my question is why includeFT? If they were not a preferred finance partner why bother? Keep in mind the deal was delayed which IMO resulted inthe potential funds from FT being invested elsewhere.

Remember FT act as ainvestment vehicle, they find value for their investors. If the deal with FT had fallen through, I believe due toASX disclosure rules, Vector would have to let us know. Let’s see what is announced through the ASX....

Expand

Good post......with all the distractions going on about Magna and potential effects to dilution most have lost sight of the genuine and best option in FT General. I don’t think for one second that management would let that slide past when they liked FT that much they signed an agreement.

VEC Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin jumps 8% to beat record on Trump vote optimism

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

There are more pages in this discussion • 243 more messages in this thread...

First 336 Last

Add VEC (ASX) to my watchlist