RE: LeeMorris et al27 Jun 2018 23:36
This is a dog business, exploited by insider dealings and trading psychology. When the headroom rns was issued, Vast was on the cusp of ridding itself of the big Baita elephant in the room. So, anyone who has been here for any duration, 5 years for me, is not going to budge any shares as seen it all before with the horrendous finance deals of yesteryear.
My point is that regardless of the way this placing has been conducted, and I think it was a bit murky to say the least, we all know that the market is holding the sp to ransom until Vast receives the Association Licence.
Let’s face it, the news we’ve received bar the headroom rns should have propelled the sp a lot more than it has, but this is AIM and anyone who hasn’t suffered the wrath of a stale bull backlash needs some education on how this can effect the market. There are some posters who have not shown up for a while on the B.B. who have some hefty positions in this company; interesting to know what their opinion of this sp “smashing” would be.
I do believe this stock has been swing traded for many months/years, but this has been made easier by the somewhat predictability of the trading range.
In summary, it’s all about non emotive investment as you have no friends in this industry.. so if you’ve suffered Darwin, Black Scholes, last minute Nomad dramas, never never Licence promises yada yada, you will probably get over this latest episode of Vast “ beechers brook “ Resources
No market makers were hurt during the writing of this post.
See you all at 1.2p