Post by
scluri on May 02, 2015 9:08am
Why Now?
The price is raising steadily.
IMHO, VMS is doing ok.
Why this sudden fianancing?
The share price is terribly low.
It is like some one strangling us.
Where GP stands in this whole set up?
Is HBM helping us or trying to swallow us up?
Nothing grows under a Banyan tree?
I am invested heavily and now worried.
The mgmt.actions on this sudden fianancing is rather not apprpriate.
Can some one ratinally analyse and post thier views on this board?
thanks
scluri
Comment by
righand2 on May 02, 2015 10:57am
Usually financings like this signal that they want some of their friends to get in before the share price starts to rise. And with copper prices way up from just a few weeks ago, VMS's share price will probably follow soon. And with Glenn Pountney buying to maintain his 19.99% ownership, we should be over 30 cents shortly after the financing closes.