Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Anticipation and expectation that the combined net value of the investee companies will substantially increase. If the market thought CDT SP would rise to $5 in the near term, thereby enabling Vela to at least partially cash out, the SP would rise with no RNS.
What are your thoughts on this?
Agreed, there is no requirement or incentive for the Directors to change their course of action. Monthly fees will continue to be paid out regardless of SP or performance as long as there are portfolio shares to sell off to fund it. Come on Mr Cooke, please intervene!
Updated corporate presentation available on Conduit website. Page 24 outlines estimated development timeline and shows that revenues may be realised at earliest from Q4 25. Could be a long wait for the CDT SP to move.
Here is an idea for Vela to conserve cash in the near term. Oscillate, an Igraine investee company has recently announced that “the salaries paid to all Company directors will be paid in Ordinary Shares of the Company in lieu of cash.”
What you think, Board?