Shows we live exciting lives Tin. I was looking at the 14.6% SER...

Shows we live exciting lives Tin. I was looking at the 14.6% SER hold in VXL. Wondering about the relationship... buying SER to get access to VXL. 14.6% of 150 Mil VXL =21 mil. SER have 368 Mil shares on issue so if you own 17 SER shares you (sort of)own 1 VXL. Then, 17 SERs @ 3.2c are worth 54c which is roughly what VXL trade at now. So Fridays action, was as some said, "catch up"
I know there are lots of other issues options, dilution etc not to mention the 1.5% royalty but I found it interesting anyway. Could just be coincidence of course.
cheers
fc