VRC 12.5% 0.4¢ volt resources limited

Ann: Change of Director's Interest Notice - A. Kabunga, page-16

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  1. 964 Posts.
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    Lars Bader doesn't throw money at anything either. He spent US300,000 in a placement @ 2.1 cents per share back in June. He also loaned the company another US700,000. Sure the interest rate is 20% but then again the loan is unsecured. Try doing that with a bank unless your Visa card has a 1mill limit. Seems to me Lars is pretty confident of not only getting his money back but also making a lot extra along the way. I feel the same way and that's why I'll be applying for extra shares next week when the paperwork arrives. No throwing, just calculated risk investing. A bit like Lars I suppose.
 
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