VR8 6.45% 2.9¢ vanadium resources limited

Ann: VR8 Appoints Corporate Advisor, page-9

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  1. 1,367 Posts.
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    I would suggest that a doubling is highly likely

    The main hurdle is how to raise $200 mill with a low MC, you pay for a broker and give them options but say your goal is to double our share price

    They start publishing data on what a big opportunity this is, broker reports etc etc

    The market responds, and bids the price up and MC, that makes it a lot easier to attract other instos and you dont have to dilute the crap out of it to raise 200 mill that we need, win/win

    To get to $200 mill I would suggest there will be some loan new equity split maybe 70% 30% is typical, so expect some share dilution in any case

    Seems to tick my boxes.

 
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Last
2.9¢
Change
-0.002(6.45%)
Mkt cap ! $15.75M
Open High Low Value Volume
3.0¢ 3.0¢ 2.8¢ $28.98K 1.000M

Buyers (Bids)

No. Vol. Price($)
2 117353 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 27000 1
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