RE:Royal Screw-upThe answer is clear; so the holders of VND could sell early at an inflated price. Then as others receive their shares the price would fall and they would buy it back at a discount. The timing was also key with the strategy as it all happened at tax loss selling season.
The share price will continue to be under limited pressure for the next few weeks as some short term investors sell off the new shares. But then we will see a return to true market value and regained interest.
If we are investors and not speculators we should understand this.