VXL 0.00% 11.5¢ valence industries limited

Ann: Suspension from Official Quotation, page-8

  1. 387 Posts.
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    For the AGM to take place next week will be an achievement in itself. I expect Chimaera Capital will have appointed a Receiver to recover their $4.5/5.0m by then. Financiers such as Chimaera operate on mostly borrowed funds and are accountable to their Investors/Trustees.

    I can't see how another $2.0m CR will make enough difference to Chimaera's decision process. VXL have even financed their Insurance Premiums; ASX Companies just don't do that.
 
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