VRC 0.00% 0.4¢ volt resources limited

Ann: Volt to Launch Capital Raising, page-365

  1. 512 Posts.
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    And the aliens landed at Roswell and the US government was responsible for 9/11 I suppose also.

    It's bot driven algorithms, that's it. Most of the one share trades you speak of at the end of the day are from the price match where the bot closes up or down on whatever volume and its the one share left over that dictates the closing price.

    Do you think that everyone has direct access to the company share register and just logs in to have a look?

    Honestly when will you accept that as I've said a million times the share price is here because of supply and demand, that's it. For 14 months the market has been telling you it doesn't believe in the fundamentals of this company. Not me or other posters, the market. They are the shareholders who collectively sold out en mass.

    IMO I can't understand why so many are queued up to buy more at 1.5. If the VWAP calc was done today on the back of the past 5 days it would be sub 1.3. All fine if the offer is fully subscribed or the shortfall taken up by long term shareholders but personally I wouldn't wasn't it going to a bunch of sub underwriters.
 
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