When the June 12 oppies had two or more years left on them and the heads were trading at similar levels to what they are today, the oppies were always closer to 3c, not 0.3c, simply because of the time they had left. With 2.5yrs on them at listing I would be very surprised to see these new oppies open at less than 2c if the heads are still at these levels. Frankly, if the company keeps pushing out these impressive announcements I'd expect the heads to be higher (global market crashes withstanding). So in that regard, getting them at 1c each in the entitlement issue is at least some kind of reward for us long term holders of the June 12 oppies.
VEC Price at posting:
9.0¢ Sentiment: None Disclosure: Held
