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3.0¢ vrx silica limited

Ann: Arrowsmith Central Mineral Resource Estimate Upgrade, page-57

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Noah&Ark

177 Posts.

76

20/08/19

12:28

Post #: 40055386
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Originally posted by WombatKeith: ↑

The vibe I get from BM in his presentations etc is that they want to ride this baby all the way.

The potential is there for the annual dividend pool to far exceed the current MC and sp when divided by the shares on issue. Why sell it once when you can get a substantial windfall every year in all likelihood starting around 2 years from now?

Whatever, I cannot see any substantial holder selling before production, although I suppose some of them maybe on 50 bags by then and be sore tempted to take the windfall - for instance, BM bought $900k of shares @ 6 cents during the suspension. When the share is at 50 cents, he is sitting on a $6.6m paper profit. Many of us could be tempted by that sort of money.

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Peter Pawlowitsch Director, was the one who bought the $900K worth of shares in suspension and large share parcels at every opportunity.

BM has personally bought shares but never to the same magnitude.

VRX Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.000(0.00%)		Mkt cap ! $18.84M

Open	High	Low	Value	Volume
2.8¢	3.0¢	2.8¢	$336	11.66K

Buyers (Bids)

No.	Vol.	Price($)
4	584352	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	1298600	4

View Market Depth

No.	Vol.	Price($)
4	584352	0.027
1	291745	0.026
2	105000	0.025
2	148000	0.024
2	85451	0.022

Price($)	Vol.	No.
0.030	1298600	4
0.031	216660	2
0.034	108830	1
0.048	46773	1
0.050	6349	1

Last trade - 16.10pm 17/09/2024 (20 minute delay)

VRX (ASX) Chart