VRC 0.00% 0.5¢ volt resources limited

Ann: Volt Completes Successful Capital Raising, page-20

  1. 1,433 Posts.
    lightbulb Created with Sketch. 254
    Fair enough, Stan, as regards the guy's total wealth - $250K may well be chicken feed to him and its a punt that he's happy to take.

    But that was actually the point of my comment. The market has examined this company over a LONG period of time and has seen everything that is to be known (or should have, if the BoD has executed its legal responsibilities properly) and has valued it at a penny per share.

    The financial sector doesn't want to lend the company a measly $15 million - presumably, because it does not assess it as a reasonable risk. So what is the 'research' that compels our man to consider this an investment, rather than a punt? Wouldn't we all like to know?
 
watchlist Created with Sketch. 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
0.6¢ 0.6¢ 0.5¢ $9.547K 1.828M

Buyers (Bids)

No. Vol. Price($)
1 54000 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 21748710 29
View Market Depth
Last trade - 15.40pm 16/07/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.