@ FiveCent, respectfully, I think you're way off the mark on a $40m CR.
As far as SP performance, surely you must not only be looking at VRC in isolation in 2023? If the entire sector was booming and all graphite stocks were moving up, I'd say you have a valid point about management.
I have 35 graphite stocks on my watchlist across ASX/TSX... 33 of them are in a downtrend and their SP is dismal. Does this therefore mean they all have bad management?
The small cap / microcap market is bleeding across the board. This is the state of the market at the moment. It's also presenting some very good buying opportunities, given how cheap valuations are.
Interestingly I received this email from one of my subscriptions...
- Forums
- ASX - By Stock
- VRC
- Ann: Update on Non-Dilutive Funding
Ann: Update on Non-Dilutive Funding, page-66
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