Australia's largest stock trading and investment forum Australia's #1 stock forum

VXL

Click for more information

0.00%

11.5¢ valence industries limited

Ann: Corporate Update, page-23

First 23 Last

Share
Profile

Follow
m0ngy

10,075 Posts.

4852

05/03/16

12:24

Post #: 17196123
Share

Originally posted by tinstuff11 ↑

Am expecting SER will fully participate in the VXL CR, along with SER management who own quite a lot of VXL themselves.
To do this SER will need to have a placement of say $1.5m and a SPP so that existing shareholders can participate without dilution.

This should then preserve SER's % holding in VXL.

Timing of the placement and SPP is after the impending positive Ionic boost to SER sp - pick a number
Say SER sp hits 4c then the placement and SPP @ 3.5.

For the impending Ionic boost to be higher for SER will require the Ionic cornerstone investor to be a very significant company

lots of $ to be made here

Expand

Tin SER did not participate in the last VXL CR when the company looked viable. In my opinion there is no chance whatsoever that they will do so now and shareholders in SER should tell them loud and clear not to do so. VXL is a dead man walking.

Just my view but i posted all this last year.

VXL Price at posting: 11.5¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 20 more messages in this thread...

First 23 Last

Add VXL (ASX) to my watchlist