Post by
rborhi on Feb 04, 2010 12:04pm
VAA trading like...
most people think the hostile takeover won't go through. Down to 4.5 cents Canadian when there is an offer of 7 cents US?? It's a gain of over 50% if you can buy for 4.5 and sell at 7.0. This tells me that at least the market is doubtful about this going through.
What would be interesting is if a third party stepped up to the table to make an offer to gain VAA's assets.
I'm still holding but would think if there was confidence in the 7 cents offer, we'd be trading at 6 or 6.5, maybe as low as 5.5, but that's it. Anything lower says doubt to me.
Comment by
vwdriver21 on Feb 04, 2010 12:31pm
I would think the reason this price is so low relative to the hostile takeover price is due to the lack of anything official frm Mr Bailey..I would assume we get a nice jump once the official word comes out. Someone here posted earlier a few days ago that they had been in contact with Dunn group and they were told the official word would be out in a few days.. take it for what its worth..
Comment by
kitfox1 on Feb 04, 2010 2:39pm
Your exactly right .He wouldnt bother for a couple of pennies. zt8s4
Comment by
Wedge69 on Feb 05, 2010 10:13pm
Kind of makes you wonder who is buying all the traded shares> and makes u go......Hmmmmmmmm !!!