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VLA - something going on ?, page-3

  1. TheDerivative
    365 Posts.
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    25/05/16
    11:29
    Post #: 17860773
    I hope so...but

    The valuation of the stock on the OTC is $US146.17 MM.
    The AUD to USD exchange rate is 0.7198
    Thus the Aussie valuation of VLA is $AU 203.07 MM. Meaning our SP should be sitting at or around 88 cents (AUD).

    That's probably why things are moving up.
    Last edited by TheDerivative: 25/05/16
    VLA Price at posting: 87.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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