VEC 0.00% 1.2¢ vector resources limited

Ann: Reinstatement to Official Quotation, page-309

  1. 3,528 Posts.
    lightbulb Created with Sketch. 1326
    Ah yes the old self fulfilling gap prophecy!
    It's as though the gap actually has bearing on the market value of the company... I can just picture an analyst assessing a potential takeover target and saying 'well the EV is about $100m so the offer per share should be in the $0.50 region, but there's a gap that hasn't been filled yet at $0.35 so that devalues the whole EV to only $70m because the SP has to fall to $0.35 to close that gap before any real value can be achieved' 

    But I guess, as with other stocks I've been in, we just have to let the gap be filled so that the superstitious traders out there can be satisfied rolleyes.png
 
watchlist Created with Sketch. Add VEC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.