VGW, page-431

  1. 75 Posts.
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    Yes, Primary Markets is definitely upgrading the look and feel of the site. Still doesn't have all of the historical trade data though - the price chart only goes back to 20 August. With luck they will restore all the data soon.

    The real problem is that PM is just not adequate as a way of realising true value for VGW shares. There is more interest in the shares now, which is great, but the actual liquidity is very low. And there is no continuous disclosure. So it's definitely not the same as a real listing on a real market.

    The proof of this is that VGW insiders, including one of the directors, chose to sell shares through Canaccord, rather than through PM. And serious investors are willing to pay more ($5.50) than the prices available on PM. Presumably that's because serious investors just can't get the volume they need through PM.

    So VGW themselves must know that PM is a bit of a joke.

 
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