VRX 7.14% 5.2¢ vrx silica limited

Just a random thought. Not sure if it has been said. If only...

  1. 285 Posts.
    lightbulb Created with Sketch. 190
    Just a random thought. Not sure if it has been said.

    If only existing holders can purchase shares at 7c with the options thrown in, this does cover the company from the risks of an epa drop during the CR.

    Imagine an EPA "news drop" during this time, with long term holders not getting a look in to purchase the shares for the CR. Definitely not saying it will happen, just imagining the HC craziness complaining about missing out on shares that they had an opportunity to purchase.

    Looking at market sentiment, people are pulling out their investment on an assumption that the epa are still a way off. Definitely becoming A PUNT during this time.

    My investment researching has been through watching and studying the EPA process. VRX are one of the unusual ones breaking new ground. I personally think it is the hot potato on their desk. Scary to open, and even scarier to make a decision on. Good luck everyone with the punting.
 
watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Last
5.2¢
Change
-0.004(7.14%)
Mkt cap ! $30.33M
Open High Low Value Volume
5.2¢ 5.2¢ 5.2¢ $20.22K 388.8K

Buyers (Bids)

No. Vol. Price($)
1 60000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 150000 1
View Market Depth
Last trade - 10.48am 28/05/2024 (20 minute delay) ?
Last
5.2¢
  Change
-0.004 ( 5.45 %)
Open High Low Volume
5.2¢ 5.2¢ 5.2¢ 14893
Last updated 12.13pm 28/05/2024 ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.