VIL 0.00% 1.6¢ verus investments limited

announcement out, page-11

  1. 56,592 Posts.
    lightbulb Created with Sketch. 260
    I believe this company may be at severe risk of ceasing as an ongoing entity given the US$1m contract & current cash holding. With close to 2b shares on offer and at 0.001, a long suspension or worse is possible without some type of farm out as it it's hard to envisage a placement. Maybe I'm stating the obvious, but be very careful IMO.
 
watchlist Created with Sketch. Add VIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.