Jeanluc - I think you are the very last person on this thread who should be having a go at someone by claiming they are repeating something everyone has heard before.
Greatone - what Jeanluc fails to point out (because I suggest it doesn't fit his narrative) is that leading up to the takeover of RED by SLR, the latter company purchased about $100m worth of RED shares at 26c.
For the RED shareholders (who are now VAU shareholders), they've seen the value of their shares rise about 70% since then. Even with the millstone of the hedges, that's not too shabby a result for those still holding the stock from those days.
VAU Price at posting:
44.5¢ Sentiment: Hold Disclosure: Held
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