Australian (ASX) Stock Market Forum

CRI - Critica Limited

Hey Greggy, they must have heard about you. I rang with questions about the oppie issue and had 3 call back and an Email.

Kevro
 
so what are your boys thoughts on VMS i hold a small amount i was thinkin of buying more but it is still a very spec company. There has been lots of talk of some investor credit swuisse buying up?
 
kevro said:
Hey Greggy, they must have heard about you. I rang with questions about the oppie issue and had 3 call back and an Email.

Kevro
Hi Kevro,

Thanks for the input. Maybe someone from the company has been reading this thread and decided to smarten up. I'm a big fan of VMS and was disappointed not to get a response. The options issue (1 for 3) at 1 cent each looks like a bargain to me.
DYOR
 
KIWIKARLOS said:
so what are your boys thoughts on VMS i hold a small amount i was thinkin of buying more but it is still a very spec company. There has been lots of talk of some investor credit swuisse buying up?
I don't and can't give financial advice unfortunately. All I can say is that VMS has strong potential on a number of fronts. Credit Suisse has increased its stake in VMS of late.
DYOR
 
greggy said:
Hi Kevro,

Thanks for the input. Maybe someone from the company has been reading this thread and decided to smarten up. I'm a big fan of VMS and was disappointed not to get a response. The options issue (1 for 3) at 1 cent each looks like a bargain to me.
DYOR

The options do look good don't they at 1c each. I figure the Credit Suisse buyer as of the substantial holders ann would be in line for 1.1m oppies at .01c each.

Thats why I have been on the phone to VMS. Heading overseas on Sat and don't want to miss out on my 55,000 oppies.
 
kevro said:
The options do look good don't they at 1c each. I figure the Credit Suisse buyer as of the substantial holders ann would be in line for 1.1m oppies at .01c each.

Thats why I have been on the phone to VMS. Heading overseas on Sat and don't want to miss out on my 55,000 oppies.
Have a good trip.
 
Thanks Greggy, will do.

Please look after baby VMS while I'm away and see to it that it grows big and strong.
 
kevro said:
Thanks Greggy, will do.

Please look after baby VMS while I'm away and see to it that it grows big and strong.
I've got a 2 year old daughter to look after, but I'll still find time to look after baby VMS as well.
Once again my friend, enjoy your holiday.
 
kevro said:
Thanks Greggy, will do.

Please look after baby VMS while I'm away and see to it that it grows big and strong.
VMS finished at 32 cents yesterday. Imagine what could happen to the share price when they start drilling in SA.
DYOR.
 
Morning Greggy,
I am fairly new to the share game. Correct me therefore if I am wrong. With the 1c options issue based on a 1 for 3 ratio, are we likely to have a large jump in volume and SP leading up to the cut off date followed by a sell down after this date?
 
kevro said:
Morning Greggy,
I am fairly new to the share game. Correct me therefore if I am wrong. With the 1c options issue based on a 1 for 3 ratio, are we likely to have a large jump in volume and SP leading up to the cut off date followed by a sell down after this date?
G'day Kevro,

You're spot on. The reason being that people push up the price in order to get the option entitlement. In the case of VMS its 1 for 3 at 1 cent with 25 cents to pay (for conversion) by 30 June 08. Its not a bad deal, is it?
Once they get the entitlement, there are a number of cases of some short term selling as they've got the options entitlement. I hope that this doesn't happen to VMS of course. Overall, option issues tend to be very positive news.
DYOR
 
kevro said:
Morning Greggy,
I am fairly new to the share game. Correct me therefore if I am wrong. With the 1c options issue based on a 1 for 3 ratio, are we likely to have a large jump in volume and SP leading up to the cut off date followed by a sell down after this date?
Look like its going to be another positive day for VMS with buyers currently at 34 cents.
DYOR
 
kevro said:
Morning Greggy,
I am fairly new to the share game. Correct me therefore if I am wrong. With the 1c options issue based on a 1 for 3 ratio, are we likely to have a large jump in volume and SP leading up to the cut off date followed by a sell down after this date?
Sales at 40 cents this morning. Buyers are at 37 cents.
DYOR
 
greggy said:
Well over 600,000 VMS sold thus far today, up 5 cents for the day, good tunover for a stock like this.
DYOR



Bit surprised that there are so many sellers when the almost a freebie is just around the corner.
 
kevro said:
Bit surprised that there are so many sellers when the almost a freebie is just around the corner.
Hi Kevro,

just letting let you know I've sold half my holding for a good profit and will pumping it into MZM. I wanted to take some of my profits off the table. Today is a day to celebrate.
DYOR.
 
greggy said:
Hi Kevro,

just letting let you know I've sold half my holding for a good profit and will pumping it into MZM. I wanted to take some of my profits off the table. Today is a day to celebrate.
DYOR.


Good stuff Greggy,

I'm hanging on for a while yet, I want the 55000 oppies at 1c and drilling is due to start very soon which also should have a positive effect on the SP.
 
kevro said:
Good stuff Greggy,

I'm hanging on for a while yet, I want the 55000 oppies at 1c and drilling is due to start very soon which also should have a positive effect on the SP.
Thanks mate. Things are looking good, just wanted to take some profits off the table and pour it into MZM.
DYOR
 
stu82 said:
all aboard the train toot toot!
Good finish to the week wasn't it? Finished at 37 cents (up 5 cents for the day) on turnover of over 1.8 million shares, high turnover for a company like this.
People don't want to miss out on the options entitlement. I've sold half my holding and intend to put it into MZM where I'll be swimming against the tide yet again.
DYOR
 
Top