VTI 0.00% 12.0¢ visioneering technologies inc.

Question...WHy would VTI give up $64mil in accumilated dept...

  1. 2,279 Posts.
    Question...

    WHy would VTI give up $64mil in accumilated dept which has now gone as they are no longer an aussie registared company. The only reason i can think it that a takeover is coming... to take over a company listed in two countries would cost a lot more and as the Aussie market is regulated more than the AIM, more people to satisfy aswell. It's the only reason i can think of as giving up $64mil in tax losses is just plain stupid purly because VTI reckoned it was detrimental to VTI's trading on the AIM.. what a load of rubish... Aug 30th it comes back and expect some very good news after that and if they dont get taken over by yr end i would think it's time for me to go and work on a farm as my brain would obviously been goneski....

    Still holding and waiting... US takeover more likely than a UK company for me......

    Moved from the "London" forum. Original message number: 87
 
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