VOR 0.00% 39.5¢ vortiv limited

That's my biggest gripe here.When they needed money to buy C10,...

  1. 713 Posts.
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    That's my biggest gripe here.

    When they needed money to buy C10, they turned to existing longterm, loyal shareholders. Made them pay a premium to the existing share price at the time. No discount at all but attached some "free" options that would apparently cover the ongoing payments for C10. Since then I can say quite easily that the Board have done absolutely nothing to support the share price to keep those "free" options in the money.

    Move forward to now, TSN/Vortiv has been significantly de-risked and these insto's come in and grab bulk shares at a discount. Great.

    Let's now mention in a one liner in the same announcement "The $5.7 million in new contracts includes engagements with new and existing clients in Australia as well as contracts with new clients in the UK."

    Where was that news before?

    Absolutely stinks!!!!!!!!!
 
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