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chadders - Wed, 02 Jan 02 :

HighStreetMike,

VET posted final results last year on 9th Jan so I expect roughly the same this year, but no dates announced by the company as far as I know.

I'm still holding on hoping for good news on the results front i.e. near break even with cash burn stemmed, and an announcement about the offer must be due shortly. Personally I think the offer will be higher than most people's expectations due to Jason Drummonds majority shareholding of 53%. Wishful thinking maybe but I can't see him selling at less than the cost of his private investments at 45p plus.

The only potential downside I see at the moment is the possibility that the takeover talks breakdown but I expect that this is factored into the current price considering the 'whisper' is the offer is at 45p.


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