VCR ventracor limited

placement=9.26%=$2.86($3.15 base)

  1. 95 Posts.
    VCR Tomorrow,thousands of headless chooks will be dumping stock, the cleaver ones will be picking them up at bargain prices,lets look at the facts.
    the number of shares on issue 162m
    placement reported today 15m
    that is 9.26% of the total, therefore, if you multiply $3.15 by 90.74% that gives you a price of $2.86, and that's not taking into consideration the $33.75m increase in the value of the company, its only the differential we should be taking into account, that is 90cents times 15m, I make that to be $13.5m, now that, as a % of $512m capitalisation = 2.64%,.....that gives you a price of $3.07, a mere abboration........lets not forget that the company is cnsidering a rights to ALL shareholders at $2.25, so, you've got to be in there

    What are we talking about,.....The potential earnings for the product are enormous, the company says a demand of US$7.5 to US$12 billion in the next few years,the sedentary lifestyle we lead will assure that. it will go down, but very quickly recover, dont be a headless chook.
    Last Friday I went short at$3.71 and bought back at $2.80 later in the day.again, headless chooks.lol,lol


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.