"How funny I lost about 550 k on this basket case"
$550K ? You are kidding right ! Sorry to hear if that is the real figure.
I would never touch the like CCC if having all that money to invest. I would rather invest in blue chips like banks, Woodside, BHP telstra, woolworth, cochlear, westfarmers, etc..
The webcast makes it sound like VMR is stuffing around with minority shareholders who hold only 19mil shares.
If I were VMR, I would be more than happy to extend the 8c offer the them as well if genuine.. It sounds very wrong to me...
CCC Price at posting:
4.5¢ Sentiment: None Disclosure: Not Held