56 - 57 cents level

As mentioned in my previous post. There seems to be a barrier at this level. Some ghost brokers may have an understanding to keep the SP at this level as a base. I think a pharma company will be snapping the SP at a premium of 15 to 20% as a pre-arranged agreement with VLA. They are just waiting for a 15 to 25 daily average to emerge. So I am thinking purchase price at around 65 to 67 c. They might purchase 10 to 15% of the shareholdings for around 12 to 18 million AUD. As you note, VLA is seeking approval for a 10% increase in shareholdings in next month's AGM.
Patience is a virtue. We hold the aces and just waiting for a white knight to appear.