VEC 0.00% 1.2¢ vector resources limited

Baillieu Valuation of VEC, page-535

  1. 3,656 Posts.
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    Thats what happens when management throws around shares like confetti for 'services rendered' (what services), 'debt repayment' (at a 70% discount).

    Still plenty more shares out there to be sold by these people at a profit...whereas anyone who actually paid for their shares on the asx in the last 20+ months is selling at a lose.

    But yeah they are the greatest management team on the ASX... lol.


 
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Currently unlisted public company.

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