Australia's largest stock trading and investment forum Australia's #1 stock forum

VRX

Click for more information

5.08%

5.6¢ vrx silica limited

yep.

First 14 Last

Share
Profile

Follow
blister

14,982 Posts.

2552

23/04/24

10:56

Post #: 73472042
Share

Originally posted by SwiftySX ↑

It could. Or they could have been told that this is a formality now.

Doesnt the timing of all of this smell a bit fishy? In my opinion the entire CR is a last ditch attempt by those in charge (and in the know) to grab as much as they can. The timing of the CR is really strange... we now know that VRX were given the responses and had to work through them to update the rts, and according to them it should be the last step in the process before the EPA prepares the report for the minister. So they allowed the price to get smashed by offering an insane discount all while having this information about the current state of progress of the EPA back-and-forth?

If the timing works out the CR will close, shares and option will be issued and then within a couple of weeks they will announce that they are waiting on the EPA report as rts has been accepted. That's all that's needed to send this back into what should be a maintainable positive trend.

Expand

yep.

VRX Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 51 more messages in this thread...

First 14 Last

Add VRX (ASX) to my watchlist

(20min delay)
Last 5.6¢		Change -0.003(5.08%)		Mkt cap ! $32.66M

Open	High	Low	Value	Volume
6.0¢	6.0¢	5.5¢	$22.92K	398.5K

Buyers (Bids)

No.	Vol.	Price($)
4	133083	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	11616	1

View Market Depth

No.	Vol.	Price($)
4	133083	0.055
3	240629	0.054
1	200000	0.053
2	24819	0.050
1	24999	0.040

Price($)	Vol.	No.
0.056	11639	1
0.057	106350	2
0.058	54507	1
0.059	64936	1
0.060	274121	4

Last trade - 14.45pm 13/05/2024 (20 minute delay)


Last 5.5¢			Change -0.003 ( 5.17 %)
Open	High		Low	Volume
5.8¢	5.8¢		5.5¢	53292
Last updated 13.53pm 13/05/2024 ?

VRX (ASX) Chart

SPONSORED BY