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0.4¢ volt resources limited

Ann: Addendum to June 2019 Quarterly Activities Report, page-8

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primrose

213 Posts.

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30/08/19

10:43

Post #: 40238022
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Originally posted by possum2: ↑

Wednesday,

""Have been buying into volt for four years, am looking at a 60 percent loss!! Should I cut my losses and bail? Does anyone else think it’s going under?""

On the 21st of August VRC announced, among other things, that the Chairman Asimwe Kabunga was investing another 100,000 dollars worth of stock in the placement.
I guess the obvious question is, would he be investing a further 100,000 dollars if he thought they were not going to survive.
I am quite certain no one was holding a gun to his head to contribute more cash.

Whether one can draw confidence from his lead is up to each individual to decide for themselves.
But it certainly doesn't hurt my confidence when I see someone very close to the company tipping in some more money .

What do you think.

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Asimwe Kabunga investing another $100,000 is the only reason I have any faith that Volt will get funding.....but he hasn't actually bought them yet. I also think Volt need to give it's shareholders more info as to what they are actually doing at the moment to achieve funding.

VRC Price at posting: 1.2¢ Sentiment: None Disclosure: Held
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