Having done business in mainland Philippines, trust me that the prospect of doing business in Mindanao, which has a history of terrorism, entrenched corruption and typhoons, is not for the faint-hearted.
I remember speaking with mining executives at a networking event in Manila. They told a story of continual disappointment. A government Minister gave a speech and he spoke soothing words - but the Aussie miners said it was a load of shite and they'd heard it all before.
In general, The President of the Phils leaves a lot to be desired. He's not creating a stable country at the moment. Have a read of this: https://www.theguardian.com/world/2017/apr/02/philippines-president-duterte-drugs-war-death-squads
So I'd like to see RED stick to Tier One Western Australia. A risk premium of zero compared to Mindanao. If we can get something for Siana, grab it with both hands. Then run!!!
- Forums
- ASX - By Stock
- VAU
- Cap Raise
Cap Raise, page-26
-
-
- There are more pages in this discussion • 4 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 VAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.686B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 40344 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 221782 | 0.390 |
12 | 841626 | 0.385 |
22 | 718289 | 0.380 |
12 | 445600 | 0.375 |
15 | 245084 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 929378 | 14 |
0.400 | 1208638 | 25 |
0.405 | 874663 | 15 |
0.410 | 2028246 | 37 |
0.415 | 1538280 | 17 |
Last trade - 09.46am 01/11/2024 (20 minute delay) ? |
Featured News
VAU (ASX) Chart |
Day chart unavailable