re: its on I agree 75c should act as support, I bought 1/2 of my position at 76c yesterday. I'll be exiting if 74c trades. With VCR you sort of want to get on before the train north departs, but at the same time I feel you can save yourself a lot of pain with this stock by buying when the move has started and trade it over a very short term. VCR should be rewarding those who took up their rights with some sort of positive news after a cap raising. It's funny where the SP is, those who missed out on their allocation you thought would be buying in under the issue price and therefore supporting it (as according to VCR the raising was heavily oversubscribed). But at the same time people might start to cut their losses as they realise close to a 20% discount on the market price when the cap raising was announced wasn't such a good deal after all. Well at least any malaise in the SP will now be effecting the directors holdings. We should have a clearer picture on where this is going soon enough.....
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re: its on, page-12
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