VEC 0.00% 1.2¢ vector resources limited

Ann: Due Diligence Period on Adidi-Kanga Acquisition Closed, page-77

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  1. 3,574 Posts.
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    Don’t know about any games per say, plus any ‘dumping’ seems to have been met with enough buyers to cause the SP to finish on a high.

    Looking at the daily chart, Vector Resources seems to be ‘Vectoring’ in the right direction. Hehe

    Often short term holders look to exit once news everyone’s been waiting for comes to light....sell on news. So if nothing else is expected for a while, often a retrace to find new support will ensue....no probs if you have a long term strategy.

    It would be perfectly normal if the SP retreats back to mid to low 3’s as it looks for support. Once the market believes it is undervalued, support will return and we’ll have a new support.

    IMO it’s a good thing as it helps set up a solid base for the next launch.
 
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