VXL 0.00% 11.5¢ valence industries limited

Good link! While the article did insert the quote “At this stage...

  1. 244 Posts.
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    Good link!

    While the article did insert the quote “At this stage we’re trying to extract the best option for the creditors and shareholders and look at it in regards of what the most achievable prospect is,” I have no faith.

    I think current shareholders will get screwed. Like having put all your money in a Pokie machine only to run out and watch the next person get the special features...

    If the above 'best case' option does come to fruition I would really hope that the board, CD etc (minus RM?) would lose their claim to shares having run this pony into the ground. Minimal revenue and $13 mill in effectively undisclosed liabilities

    Wait and see I guess but what's the point... this company was meant to have first mover advantage.
 
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Currently unlisted public company.

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