To me it looks like a bit of a retail tree shake by insto's. The volume for the buy at 1.9c came flooding in just before close with no takers.
I will have a punt and suggest the 2c will be taken out on open tomorrow and we end up green.
I think the instos understand the psychology of delays and how fearful punters get. The company has stated that the deals are happening and that they will be completed very soon. If that has changed and as JB has stated, they would have to inform the market.
That's how I see it anyway.
I could be totally wrong of course but I was buying at 2c today. I am not smart enough to have got 1.9c
VEC Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held