VXL 0.00% 11.5¢ valence industries limited

Ann: Valence Industries 2015 Annual Financial Report, page-7

  1. 94 Posts.
    getting pretty worried about this one. Terrible trade management by me, gone from 100+% profit to 60% loss. Bought in for the story and longer term, failed to get out when the initial worries around delivering the project restart surfaced.

    My real worry now is what happens if they fail to get a positive outcome from this latest (final?) finance package... a cap raising on market would be at sub 10 or even sub 5c and further debt will be pretty expensive. what are the odds on delivering? ughhhhh.
    Last edited by Egan: 30/09/15
 
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Currently unlisted public company.

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