"Could it be a last ditch attempt to cap share price before the takeover offer? I mean the lower the share price, the lower the offer, right?"
Personally I think if there is a takeover attempt it has to be a good offer first up. It's no good putting in a low ball offer and showing your intentions to the opposition/competition.
But if you want lots of vla shareholders to be tempted then yes, it is worth keeping a lid on the sp beforehand.
cheers
VLA Price at posting:
$1.27 Sentiment: Buy Disclosure: Held
