29 million shares coming into the market? NEWS RELEASE VMS
VMS Ventures special dividend
2016-04-21 16:48 ET - Dividend Declared
The issuer has declared the following dividend.
Dividend per common share: 0.2047 common shares of North American Nickel Inc. (dividend in kind of 29,987,393 NAN shares currently held by VMS, to be distributed on a pro rata basis to all shareholders of VMS
Payable date: May 6, 2016
Record date: April 26, 2016
Ex dividend date: April 22, 2016
This Management team are insane, they are the worst bumbling idiots that we've ever seen. Flogging off the VMS at the agreed price with RNX and oppening the door to dulution from pissed off VMS shareholders is not very bright, but nothing they have done for the past two years, is very intellegent.
If there are any real buyers on this thread, wait for the distribution of the shares before buying as we belive that a good percentage of the distribution will come to market, at any price.
If any company needs a management change it's this one, we used to support these idiots, but gave up on them, market savey is not present with this crew. Good luck, bt