VR1 0.00% 2.0¢ vection technologies ltd

Gotta admit im pretty disappointed in the cap raising price and...

  1. 60 Posts.
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    Gotta admit im pretty disappointed in the cap raising price and the options being handed over. Whilst i understand that cap raisings are part and parcel of the small caps world, the cap raisng is almost a 40% discoint to the last traded which is quite a substantial discount for a company that doesnt have an immediate need for the funds. Theres also the strike price of the options which was set at 0.25c with a 3 yr maturity.... wtf.. im sure mgmt would be confident enough with the share price multiple times that during the next 1-2yrs? Anyways, rant over and hopefully the money is put to good use.

    ps: surprised that yhe share price held up relatively well..
 
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