So as i understand it a JV would likely NOT involve any kind of share split or consolidation, moreso both entities keep trading under their own banner and their share prices become positively correlated to a degree. As a shareholder i personally love this because it keeps the VMY shares trading and gives shareholders the potential to be involved with long term growth as opposed to a takeover which is more of a 1 night stand.
I love this news and from here we can expect a Trading Halt in the coming months with a huge JV announcement by the looks of it.
I bet VMY had feedback from the State Govt they needed some heavy hitters to green light this project.
Exciting times congrats all shareholders this is a strong HOLD for me
- Forums
- ASX - By Stock
- VMY
- Ann: Vimy initiates strategic review
Ann: Vimy initiates strategic review, page-18
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)