Ann: June Quarterly Report and App 4C, page-96

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cashken

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01/08/17

15:43

Post #: 26219430
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Originally posted by Explacly ↑

I was a cheer leader until the quarterly dropped. I sold out a large parcel thankfully early enough. IMO there are signs tthat large holdings are waiting to sell off if there are buyers up to 2 cents in the short term. For the remainder of the quarter I can only see lower.

I believe the next SP inflection point will be to see what wording the company use in the next post quarter announcement and then see how it compares in the September quarterly. I waited patiently for 3 quarters to see if they could kick start the required exponential revenue growth this company needs to survive its current cash reserves, but haven't seen it. That was my KPI.

IMO forecast... The share price will surely test the lows of 5 weeks ago at 1.2c. That should act as a base price for the next 3 months (it would have to hold), with a high of 1.5 as its trading range. Its too risky for me to think about buying in again considering cash outflow vs inflow has gotten worse since this time last year, but I'll see.

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Its pretty clear that 1.7 cents is the base.

As for the next three months - what happens if July was a record - like June - and we find that out in the next few days.

Looking forward to more good news being released by VPC.

VPC Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: June Quarterly Report and App 4C, page-96

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