Just think, the BOD could do the right thing by shareholders and buy back those 13 million shares that they sold, and still they will have made a substantial profit from the whole sorry saga. It would send a clear message that they believe in themselves and the future of VRX. Surely its not too much to ask that they buy back on market at the current SP of ~4c, having sold at 30c ? The SP would get a immediate boost and shareholders would be pleasantly suprised when they see a "directors buying" notice. Of course, the BOD still get to keep $3.38 million of the $3.9 million they sold for, to buy whatever luxury cars and pool extensions they have planned.
All IMHO, DYOR
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $19.47M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.1¢ | $502 | 16.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 426666 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 194896 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.031 |
7 | 437166 | 0.030 |
2 | 200000 | 0.029 |
1 | 100000 | 0.028 |
2 | 160000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 194896 | 1 |
0.033 | 16193 | 1 |
0.034 | 12900 | 1 |
0.036 | 286529 | 1 |
0.037 | 106412 | 2 |
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