Club Mulgoa

Tuesday, August 21, 2012

VKA

The rights which closed on 20/8/12 were issued at 10c plus one free option.  When the share price went up to 11c, I expected it to be manipulated to get recalcitrant investors like me to take up the offer.  And then, I expected it to fall below 10c.  Nope.  It hasn't happened like that.  The share price stayed at 11c but there isn't a lot of trading in this stock.  However the price of gold is inching upwards.

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