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Vanoil Energy Ltd VNLEF

Vanoil Energy Ltd is a Canada based company engaged in the acquisition, exploration, and development of crude oil and natural gas properties in Kenya and Seychelles. It holds interests in two onshore blocks, 3A and 3B, in Eastern Kenya. It also holds interests in Areas A and B located in Seychelles.


GREY:VNLEF - Post by User

Bullboard Posts
Post by PapaFritzon Apr 19, 2013 5:00pm
140 Views
Post# 21276817

zero liquidity with VEL, why is that?

zero liquidity with VEL, why is that?

I mean if I sold 50k I could single handedly drop this price below 20 cents...  With all the recent merging and acquiring of more props, etc.  you would think mgmt might be able to generate some interest in the stock? 

The liquidity here is zero and it looks like the only benefits of owning VEL are for managment of VEL....?  Less than 200K traded since April 1 doesn't sit well with me...

At least with the other Kenyan stocks you can trade your way in or out, up or down this thing is like watching paint dry on a cold day.......

13K on news that the takeover was approved?  what are they doing over there aside from counting all of Passin's shares?  oy vey

 

Bullboard Posts

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