Yeah sure .I only focus on my own stocks or the ones that I'm researching and I honestly didn't think he'd still be around . Not familiar with any of those.
But I looked at this in terms of the potential if they get it right . 1.8 to me seems a fair price for those wanting in . There's lots of shares on issue ,it's in the Congo ,deal seemed a bit neat overall so I'm half wary .but on a R/R basis it's worth a punt .
That's how I look at it . For those who want to extrapolate it into other deals over there and taking over something bigger than Texas ,well his words in the announcement did raise my skeptical radar because I've heard it all before . And the market now is not like the market when those stocks were running as people are going to find out over the next few weeks.
So let's see what's delivered. It's a great result for those holding from lower down ,good luck to everyone
VEC Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held