I once asked AM why VIL had signed up with ADX when the track record of ADX's CEO was to oversee the retreat of ADX SP from .26c to .08c and in his previous position with Nexus Energy was to oversee NXS share price in it's retreat from $1.90 to .20c. AM answered that they had a lot of faith in IT because "I knew him from Melbourne". Whilst his tone of voice alluded to that being sufficient reason to invest, his verbal offering was a little pathetic to say the least. History has proven just how pathetic.
(All SP quoted above are as best that I can recall. If innaccurate, they will be close to the mark.)
I am just a VIL observer now as I am long gone (and badly burnt) from this stock, however I just hope that there is something left in the SD play for VIL shareholders.
Miki
VIL Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
