EON espreon limited

vectis quits, page-2

  1. Patient
    2,477 Posts.
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    06/11/08
    14:23
    Post #: 4472868
    Should add that when the takeover was announced in August the document stated:

    "Vectis currently has a relevant interest in 19.73% of Espreon shares".

    The recent annual report shows 18.7m Vectis shares, 18.6 with with Hunter Hall and 6.3m with Thorney P/L.

    There's been only 1 trade so far today (6/11/08) at $0.35 for 10000 shares and a small cross at 42c.

    What options do you think Vectis now have? Surely they couldn't find a buyer for their 18m shares and must be below water on their original investment.

    This really is hard ball!
    EON Price at posting: 35.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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