TSXV:VER.H - Post by User
Post by
AnalyticalTraderon Oct 11, 2011 2:58pm
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Post# 19138031
Adjustment to 0.70-0.75 expected
Adjustment to 0.70-0.75 expectedFor long-term shareholders, an adjustment of -0.05 isn't a big deal. It can be expected during the waiting period given the slowly recovering markets and the clouds still over the Euro-zone. Some investors opt for cover and cash, instead of stock. True, announcements of a series of licences are highly anticipated, but the Company will also have to file them for regulatory purposes before the press release. That adds to the wait-time. The slight climb since the most recent announcement suggests that the march to 2.6$ would not be overnight. This might be something that short-term investors need to consider.