VIL 0.00% 1.6¢ verus investments limited

agm meeting - questions, page-10

  1. 700 Posts.
    You are welcome Tipps.

    Too many punters think they buy into a junior and in 3 weeks or months they are going to get a 5 or 10 bagger. Whilst that can and does happen occasionaly, it is not the norm. VIL has done well growthwise. It's SP has been hammered due to daytraders. Any other stock holding VIL's position would be 2.5c - .5c.

    Coy has turned down a number of offers presented to it over last 12 months due to the perception that they were not acceptable risk/reward projects. Board cherry picked Bongo and now Tunisia. I am happy with Bongo (with it's production and potential with future wells). If Tunisia does what they expect, Board will have excelled.

    If the impatient would just lay low and stop bagging every aspect of this coy, just maybe it would help the SP that, primarily, is the cause of their bagging/whinging.

    I am a buy at .011c - .012c as I can see at least a 25% return within 3 months.

    All MHO, not investment advice.

    Miki

    I do love a little humour.
 
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