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0.4¢ volt resources limited

Ann: Response to ASX 5B query, page-28

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Kyle323232

920 Posts.

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20/05/17

12:08

Post #: 24810444
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Originally posted by Hulahoop ↑

I agree completely. The company clearly can't fund the "bigger is better" strategy and this will not be surprising to many posters here. The small scale stage one strategy is the only part that shareholders are invested in today, forget stage two. So Volt is worth $8 million just like WKT.

VRC should have announced funding and a scoping study based on the new strategy so shareholders could understand exactly what they are now invested in. So I agree, that this is a complete disaster.

And @Peliatan the concept of performance shares is based on performance. If the board doesn't achieve the milestones they previously set then why do they get the opportunity to make them easier to achieve. That makes no sense at all. And looking after their own self interest ahead of funding the company is an insult.

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The performance shares really are an insult. This co is becoming a mates club only run to benifit directors.

Last edited by Kyle323232: 20/05/17

VRC Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.4¢		Change -0.001(12.5%)		Mkt cap ! $16.63M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$1.628K	440.0K

Buyers (Bids)

No.	Vol.	Price($)
38	33347781	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	2527825	2

View Market Depth

No.	Vol.	Price($)
38	33347781	0.003
12	12480371	0.002
7	18650001	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	2792860	3
0.005	16917040	22
0.006	6693309	10
0.007	5360001	3
0.008	1764144	4

Last trade - 10.58am 12/11/2024 (20 minute delay)

VRC (ASX) Chart

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