Does that mean that the reason cited for calling in Ferrier Hodgson and tipping Ventracor into administration, i.e. "inability to find a buyer or investor", was a fabrication, since there is evidence that the CEO & board of directors turned down at least Berlin Heart's offer to buy or invest. Were there any other interested parties that were turned down in a similar manner? Does that mean that the CEO and board misinformed the shareholders and the market?
Favouring a soon-to-be bankrupt Orqis over a reputable company such as Berlin Heart raises additional questions (corruption, collusion???).
VCR Price at posting:
8.3¢ Sentiment: None Disclosure: Not Held