A response to
Post #:29647022
Agreed, it smells like a take over is in the wings. If the share price was at $1.20 and an offer of $2.00 made, I think most small shareholders would reject the offer out of hand. If an offer of $2.00 is made when the share price is $0.60, I think everyone would jump on it and be overjoyed. I have a strong sense that retail shareholders are being manipulated right now, an anchor point of $0.60 is a great starting point for any take over offer.
It really makes you wonder why the share price was being driven down and by who given VLA had never been in a stronger position.
https://hotcopper.com.au/threads/an....3910808/page-8?post_id=29647022#.WpJDhebZWhA
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