Zhongun

3621 days ago

Vatukoula Delisting – Scumbags, the Crony Capitalists Do not Care

It is better as a tipster to admit you are wrong and say sell (and get abuse) than to hang on and be proved you were wrong. I am thus glad to have advised folks to sell their Vatukoula (VGM) shares at 4.55p on May 7th HERE 

One reason for that sell call was a fear that the 66% shareholder, China’s Zhongun, would – having forced the two Westerners off the board – delist. And lo and behold, 23 days later the directors have decided that it is in the best interests of the company to delist.

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