VRX 2.63% 3.7¢ vrx silica limited

Ann: Mineral Assay Results for Muchea High Grade Silica Flour, page-16

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    Page 43 of the prospectus allows the underwriter to cancel its agreement if the share price closes lower than 7 cents for any 3 consecutive days before the offer closes.

    They are willing to underwrite the turd provided it doesn't turn to diarrhea.
 
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