VIL 0.00% 1.6¢ verus investments limited

Management have dug themselves into a giant hole and now they're...

  1. 71 Posts.
    Management have dug themselves into a giant hole and now they're asking the long suffering shareholders to fill in the chasm .... not this little black duck.
    Can anyone give me a good reason why SHs would consider reinvesting at 0.1 cent when you can buy for 0.1 cent on the market? GGP have walked away from FP, an indication of their take on the prospect of success. Management had the funds to drill FP but decided, in their wisdom to pursue Sidi and all the other failures. If GL believes this another uneducated, unhelpful post, he's correct. Uneducated because I should have run away from vil when things first started going wrong. Unhelpful because there's not a snowball's chance in hell I'll be participating in this CR. Over & out.
 
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Currently unlisted public company.

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