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0.4¢ volt resources limited

Ann: Change of Director's Interest Notice, page-72

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Sunny Boy

845 Posts.

1

22/12/16

23:53

Post #: 21527129
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Originally posted by Trommel ↑

Should've added that if he sold his 3.5M MNS holdings @ 77c it would generate $2.7M.
I don't know his tax situation but he is eligible for the CGT discount so let's assume he is left with $2M in the hand after GCT.

He could buy $2M x VRC @ 5.7c = roughly 35M VRC shares

Add that onto his existing 8.25M VRC and he would have 43.25M VRC

This would put him at position 2 on the the top 20 shareholders list under Kabunga Holdings and just under the 5% substantial holder notice (>5% shares held)

That would send a very clear signal of his level of confidence of getting Volt into production.

All the above calculations were rounded down at each step and some assumptions made. Just having a crack at figuring out how many VRC he could buy with his current MNS holdings. It's getting late so hopefully my maths is correct
All IMO and DYOR.

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Do you like typing that much . Give me a shout mate would love to have a beer with you . Would be a top night

Last edited by Sunny Boy: 22/12/16

VRC Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change -0.001(12.5%)		Mkt cap ! $14.55M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$3.231K	851.6K

Buyers (Bids)

No.	Vol.	Price($)
40	66433045	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	6126456	9

View Market Depth

No.	Vol.	Price($)
40	66433045	0.003
17	23916715	0.002
8	18150001	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	6126456	9
0.005	21021466	18
0.006	9143468	15
0.007	10780001	5
0.008	4864155	6

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