I think the suspicions put in my message 289 on march 4th looks valid now.
The behavior of the lower upper circuits in both PCJ and Vakrangee show complete lack of Operators/Market makers/brokers doing stock management.
Even penny stocks have a good operators who ensure such circuits are not hit regularly and they bring the trading to normal within few days if not hrs.
It clearly indicate that PCJ & Vakrangee with their inter company deal tookup dispute with market maker/operator lobby and now no operator is touching these stocks. Promoters are keeping themselves muted to avoid new issues.
I think if Vakrangee is to be taken out of MSCI then large chunk of the stock needs to be sold and unless that is done any rally will not sustain.
I think its owners may be now working on on deals with some large buyers to commit to bulk deals from others who want to exit. Once those bulk deals are done and most large stock owners want to hold, it will then take just a small operator to come and create the balance.