VRX 2.63% 3.7¢ vrx silica limited

Silica Sand prices for low Fe impurity, page-123

  1. 15,040 Posts.
    lightbulb Created with Sketch. 2577
    The number is probably double that now with the "getting new interest weekly" comment.

    However, lets not be to quick to judge. these EOI would have included everyone from hour glass manufactures too premium space grade aircraft canopy producers....and everything in between.

    the challenge for a company like VRX is bulk and price.... we literally have millions of tons of the stuff....however the bulk buyers will try and negotiate the discounts.... so go with premium price or go with tonnage.... finding the middle ground probably requires a fair bit of back and forth. There is also a bunch of companies you'd want to avoid, so financial due diligence is required. Can you imagine locking in a 10 year contract only for them to go bust and start this process again. or worse yet, not live up to there tonnage orders, or rip us off.


    that said, i wish it was faster. But i can envisage a lot of reasons for it to be slow.

    the block trade is an interesting one.... 4.5 million dollars?!??! guessing a super fund just stepped in? or china doesn't like being on the "maybe list" and will take the decision into their own hands..... T/O here we come
    Last edited by blister: 30/03/21
 
watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $23.24M
Open High Low Value Volume
3.7¢ 3.7¢ 3.7¢ $3.809K 102.9K

Buyers (Bids)

No. Vol. Price($)
1 64590 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 69999 2
View Market Depth
Last trade - 15.59pm 17/07/2024 (20 minute delay) ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.