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So the pump up on VTX is happening only because if it doesn't...

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itsonlyme

3,345 Posts.

22/06/15

15:14

Post #: 15508510
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Originally posted by nihilism ↑

I posted a few times on the thread and in here.

They paid advisors to the purchase in share options (29million @ 2.5c). Those people will want their cash one way or another. The only way to get it is to make the heads above that price and keep it there until they can unload.

I'd say they'll target around 4-5c, get enough volume involved and then offload into the peak.

It's got a run in it though.

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So the pump up on VTX is happening only because if it doesn't happen, the advisors won't make any money & their options will expire worthless?
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