The issue is not raising capital. VRC is broke and has no option but to raise capital. Non holders have been predicting this would occur in September.
The issue is the company stating 5 weeks ago that the $1 million was sufficient working capital for the remainder of 2017 when it was clearly never going to be sufficient.
What level of confidence do you place in a management team that operates this way?
- Forums
- ASX - By Stock
- VRC
- Ann: Trading Halt
Ann: Trading Halt, page-75
-
- There are more pages in this discussion • 111 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
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.79M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 5482486 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 15305353 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 5482486 | 0.004 |
35 | 31092795 | 0.003 |
18 | 23351715 | 0.002 |
10 | 21050001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 15305353 | 14 |
0.006 | 9566198 | 19 |
0.007 | 10852572 | 6 |
0.008 | 5470275 | 11 |
0.009 | 2745744 | 8 |
Last trade - 16.12pm 06/09/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |
Day chart unavailable