I had 235000 units in VIL then this got consolidated 50:1 and became 4700 units and now after consolidation of 5.715:1 it has plummeted to 822 units.
The share price of the new company needs to hit above $11.50 for me to recover my initial investment....
If I had purchased a second hand mobile cool room for $10,000 at the time with a rental fee of about $65.00 per day I think I would made my money back over the last 4-5 years or so now..
I think investing in VIL at the time was a mistake to say the least..lets just hope then can continue and not become de-listed..
MEJ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
