VRX 5.88% 3.6¢ vrx silica limited

Ann: Appendix 2A, page-22

  1. 6,546 Posts.
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    Good timing geem. FYI surged today, and here's a classic example of the problem that was highlighted by someone here on the VRX blogs recently - the issue of lost opportunity elsewhere if the stock you're in just stays flat for an extended period. VRX must compete with all the other stocks on ASX for shareholder's money. It just isn't good enough for the management to run around saying this and that is going to happen, and then not deliver. It could be the case that VRX management comes out with news of an offtake agreement this week, and the SP will surge here too. So it's just a case of deciding whether that, or something similar, is likely to happen. I think the VRX management is now up against the problem of having shouted wolf once too often.

    All IMHO, DYOR
 
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