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  1. #1231
    Advanced Member robbo24's Avatar
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    Quote Originally Posted by Harvey Specter View Post
    Should really use VWAP. I assume the big boys will ensure the SPP doesn't go at a discount.
    Does VML have the benefit of big boys?

    I wouldn't have thought any single portfolio has a VML interest big enough to warrant market intervention of that nature... Big boys are usually value investors at heart, has the story changed? Was the story ever that good to begin with?
    'I often quote myself. It adds spice to my conversation.' - G B Shaw

  2. #1232
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    Quote Originally Posted by robbo24 View Post
    Does VML have the benefit of big boys?
    Snakk Trustees is second largest holder. They are willing to play the game to their advantage.

  3. #1233
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    Quote Originally Posted by Harvey Specter View Post
    Snakk Trustees is second largest holder. They are willing to play the game to their advantage.
    Is Snakk Trustee a big boy?
    'I often quote myself. It adds spice to my conversation.' - G B Shaw

  4. #1234
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    Quote Originally Posted by robbo24 View Post
    Is Snakk Trustee a big boy?
    Depends on your definition. He is willing and able to manipulate the shareprice on these small stocks (VML and SNK) which in my books makes him a 'big boy". He is not a Mum and Dad investor but you are right, he isn't a large institutional fund either.

  5. #1235
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    It probably takes around 6 months before a company agrees to trial VMOB another 6 months to complete a test run etc etc, a long sales cycle.

    The Global McD's contract is now highlighting there success and opening doors to senior exec's from other big retail. I expect a lot of announcements late this year, this would be after an Aussie listing.

  6. #1236
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    Quote Originally Posted by it-guy View Post
    It probably takes around 6 months before a company agrees to trial VMOB another 6 months to complete a test run etc etc, a long sales cycle.

    The Global McD's contract is now highlighting there success and opening doors to senior exec's from other big retail. I expect a lot of announcements late this year, this would be after an Aussie listing.
    Hope, expectation, whatever you want to call it, it's not really a good investment strategy or a measuring stick of entry/exit, is it?

    Those guys who bought in at 25 cents in January (especially the ones who bought up while they knew about the long sales cycle of the McDonalds contract before it was announced) are the only ones who will be happy with where things are at for VML
    'I often quote myself. It adds spice to my conversation.' - G B Shaw

  7. #1237
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    Sweeeeet, more options! https://www.nzx.com/files/attachments/215067.pdf

    Albeit at a higher price than the SPP but still, options are options.

    I wonder how SPP uptake is going to go given the sad state of the SP...

    'I often quote myself. It adds spice to my conversation.' - G B Shaw

  8. #1238
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    Quote Originally Posted by robbo24 View Post
    Sweeeeet, more options! https://www.nzx.com/files/attachments/215067.pdf

    Albeit at a higher price than the SPP but still, options are options.

    I wonder how SPP uptake is going to go given the sad state of the SP...

    Must be some sophisticated calculation to come with such an exact number of 40.8 cents

  9. #1239
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    Quote Originally Posted by winner69 View Post
    Must be some sophisticated calculation to come with such an exact number of 40.8 cents
    Well, they're getting a better deal than the staff who were secured and retained with options at 45 cents.

    VML might as well secure and retain staff with magic beans.

    'I often quote myself. It adds spice to my conversation.' - G B Shaw

  10. #1240
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    Quote Originally Posted by klid View Post
    So I just got my SPP documents. Won't it be easy to manipulate the "average end of day market price of the Shares over the seven business day period from, and including, 17 June 2015 to and including 25 June 2015?
    Wow, off to a flying start VML.

    Place your bets - will the SPP be oversubscribed at 40 cents or undersubscribed at 40 cents?

    I hope they get enough to cover their losses!
    'I often quote myself. It adds spice to my conversation.' - G B Shaw

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