VEC 0.00% 1.2¢ vector resources limited

General comments, page-1164

  1. 1,480 Posts.
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    As much as this may have seemed to be a rather dull day -- and it was, don't get me wrong: the sp is exactly where it ended yesterday -- to me the trading appeared very interesting. There was constant bot behavior and reloading of the buy at 1.8c and then a wipeout of 1.9c on close. I'm a little surprised it wasn't a wipe of 2c, too, to be honest.

    Of course, it is all moot considering that the big A-K announcement hasn't arrived. However, for me today's trading was a positive indication of things to come.

    That said, if we are to recall the happenings of previous announcements, I might refer you to the 21st of September, 2018 General Meeting Resolution 5, "Approval for future issue of shares", which states that VEC wished to issue up to 300,000,000 shares within 3 months, progressively, and over a longer time period if the ASX rules allow. There are two weeks from today for this (fully, or partially I suspect) to occur.

    I would very much prefer A-K to be over the line before the DRC elections and before the timing of a CR.
 
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