There has been a mountain of work going on behind the scenes. A event line has been confirmed and conversations with ASIC have been fruitful. Are aim is that an investigation of disclosure of events will prevail.
Support for the shareholders group has been strong with a need to change the direction of the company as a overriding theme. As one of the group stated it was unbelievable that an INVESTMENT COMPANY could be run this way with the decisions that it has made. Of all the companies on the ASX you would expect an investment company to make good decisions.
There are many recent events that require a closer look at legality. Until this is thoroughly investigated we cannot comment.
The EGM is just over 2 weeks away. Recent events require a response from shareholders and this will happen. You can join the shareholders group and vote for visibility and disclosure at [email protected]
If you want to a have a say in your investment in this company then now is the time.
VIL Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held