VRC 0.00% 0.4¢ volt resources limited

Ann: Placement raises A$2 million, page-34

  1. 218 Posts.
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    Sorry but I'm now fully convinced that long term this will as painting says smell bad, I'll be seeking to make an exit at some point when the time is right. I've been on VRC longer then most on here but it's fair to say no clarity was given to this raise and the 2 mill will be gone within a quarter at the most, given at such a discount to market they're obviously duping existing holders or just can't raise funds at an attractive price which suggests the broader market ain't buying their story.

    The length of time waiting for any announcements of substance is ridiculous. Like was said by Wilma85 who possibly owned this stock some time ago... maybe 2+ yrs ago? Shareholders should be questioning their faith in management.

    For too long the regular posters to this forum slam anyone who says anything negative as downrampers. I'll put it to most of you, that you must be too emotionally invested because everyone of those downrampers so far have been right about VRC, for way too long, and you've been wrong.

    It's a lot easier for management to make excuses and blame everyone else for delays as opposed to getting things done.
 
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