VPE 0.00% 41.5¢ victoria petroleum nl

consolidation finally

  1. 7,063 Posts.
    Dry hole Johnny has finally bit the bullet and will rope in a wod of that stray script. The consolidation will be 1:1,000 which will leave about 1 TerraGig of shares ... ok, actually about 200M.

    Sharesholders, if they approve the reconstruction, will get free oppies.

    This I believe is a GREAT MOVE and will gain more support for VPE, as it will not longer be seen as day traders pump-and-dump toy .. ok, they'll still do that but at least investors might take it seriously ... if Johnny doesn't start issuing more and more script!

    New price should start around 20-23c?

 
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