VRX 5.08% 5.6¢ vrx silica limited

yeah take your point. I think folk get frustrated both ways in...

  1. 14,982 Posts.
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    yeah take your point. I think folk get frustrated both ways in the vaccuum of actual information. the rest is hyperbole bothways... $1 party or wreck and ruin.

    the real victim here has been peoples expectations.... the NPV and then EPS will drive the upside.... impatience will drive the lowside... those holding and those selling are both justified as its been a coma patient for years now..... but they haven't pulled the plug yet

    As you say, low volume both sides... looks bad and little trades have big moves. but 6c i suspect is protected by the fact that the MC would then drop to 30m which puts it too close to the "explorers" in terms of value. That said, it may happen and the value prop would be amazing at that point...... however, that downside risk will continue to exists until it moves along the EPA.

    whats my point...... VRX is where it is.... if 8c has you sleepless, cut and run because it could get worse.....if you don't care about 8c buy more or bottom draw..... as there is literally nothing left to discuss apart from loonie tunes conspiracies.

    Last edited by blister: 27/03/24
 
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