I will consider this raising as a positive step towards growth....

I will consider this raising as a positive step towards growth. 60cents is not that bad as VEI price can be swing wildely some times due to lowliqudity. They should learn lessons from previous experiences. Hardly any businesses these days try to grow at any cost. They understand the damage that can caused very well.
VEI's expansion focus are day surgery where they are experiencing good profit growth and operation in the established medical centres such as PRYs and that is also part of PRY's strategy and why PRY became a major sharehloder of VEI. VEI is dirt cheap at the current price.