petnews article on vpe, page-2

pontigibbs
Thanks for the article

""Our shares were around 2.2-2.3c. Traders would buy in big during a morning and sell out before the close if there was as little as a 0.1c rise over the day.

"We wanted to shake off that image and be viewed as a serious contender in the oil and gas business – hence the one-for-10 share consolidation."

If VPE want to be viewed as a serious contender, they could start by replacing all the P10 numbers with P50 numbers in their potential reserve estimates.
The VPE presentations are too bullish to be taken seriously