VAA closed @ 82 Canadian (A$0.924) last night to give an...

VAA closed @ 82 Canadian (A$0.924) last night to give an equivalent EDN price of 48 cents.

Have been hearing talk that there have been further significant large stones produced from the higher grade diggings since the last sales report, but as they now only report quarterly we are unlikely to hear about it until after the takeover has gone through.
News of higher production figures & larger stones will quickly do wonders for VAA's price & could easily send it toward recent Canadian broker's valuations of around $1.70 (from memory) or the equivalent of A$1+ per EDN share.
Interestingly, a largish buyer stepped up in the matchup period this afternoon, securing 50K @ .41 after .39 was tops all day. There are currently a couple of 100K buyers topping the Bid list.

Looking like it's going to have to be a hold for a conversion to VAA shares & a subsequent release of good production news & re-rating of VAA.