Who would you sell to?
My take on all of this is that the ASX is questioning how VRX can possibly gaurentee that they will be able to pay the $50M if they break ground. How can they possibly know what value lies within the Muchea tenement and make such a large commitment. For all we know VRX could proceed with the deal and then establish that there is way less (or no) resource leaving the company with a huge financial commitment and no way to pay it.
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26 weeks and counting., page-11
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Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $18.84M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.1¢ | $574 | 18.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 131034 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 123223 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 131034 | 0.029 |
2 | 160000 | 0.027 |
1 | 300000 | 0.026 |
2 | 145451 | 0.022 |
3 | 219998 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 123223 | 2 |
0.032 | 194896 | 1 |
0.033 | 16193 | 1 |
0.036 | 286529 | 1 |
0.037 | 138830 | 2 |
Last trade - 10.09am 22/08/2024 (20 minute delay) ? |
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