VEC 0.00% 1.2¢ vector resources limited

Ann: Cleansing Prospectus, page-5

  1. cfp
    3,198 Posts.
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    Hi Big K, this has nothing to do with any management receiving any performance shares, if I have read it correctly it is to do with the payment by way of shares to MGI, they will be using the full 15% placement capacity of 210,000,000 consideration shares basically immediately followed by an EGM to ratify the payment of the remaining 105,656,566 shares to fulfil the agreement of the acquisition, this is a great thing today and it must herald the start of announcements flowing, sit back strap in and enjoy the ride
 
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