How would a market cap of 3 mill see you though? There are more sob stories of the opposite mate. The stock goes down. People buy more. They're in too deep. It keeps going down. They don't think it'll go any lower (how many times have you read that on the VRC forum). They're trapped. Then it's either sell at a massive loss and get out with what capital you can or ride it out indefinitely and hope you eventually can claw back some of that lost capital.
Fundamentals have changed and not for the better. PFS was a big knock and 1,000tpa for 5 years isn't going to save VRC.
I'm not trying to rub salt into anyones wounds be it comes a time when you have to decide if you're really willing to risk it all or maybe just hold out and play it a little safer. Capital preservation is just as important as profits. Smart money doesn't buy on downtrends it buys at the bottom and in the rally.
Issuing capital at these prices becomes hard without diluting an already diluted register. Good luck holders.
- Forums
- ASX - By Stock
- VRC
- How far will this drop?
How far will this drop?, page-10
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $1.409K | 351.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 26020640 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3190712 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 26020640 | 0.004 |
20 | 19356068 | 0.003 |
14 | 17241526 | 0.002 |
11 | 32967002 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3190712 | 6 |
0.006 | 16797525 | 31 |
0.007 | 7767551 | 8 |
0.008 | 5395175 | 11 |
0.009 | 5271154 | 7 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |