no they did that because Valad was unable to provide earnings guidance and also as re-financing issues were being negotiated.
now people realise they can buy into property at 5-15c in the dollar.
worst case the company is split up and sold off you'd still get 20c+
and the shares were going for 2.4c each.
thankyou very much i say.
people are now seeing what most of us here have known for quite some time
amazing trading action, page-33
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