I feel your frustration, Bruce ... I only learnt to be wary of stocks like VRC after doing plenty of my hard-earned on other such stocks that baited its shareholders with lots of impressive sounding announcements about how well things were progressing, without actually providing any proof of meaningful milestones being achieved
For the previous few years, VRC was putting out lots of puff-piece announcements that meant very little in reality ( they were apparently just inducements to get more shareholder cash for their SPPs and capital raisings ) ... Now, there's not even the puff-pieces ... There's been a deathly silence for quite a while, and I don't blame holders for getting spooked by it ... Some ( like yourself ) have obviously been either bailing out or reducing their exposure of late.
As I always say, things can surprise to the upside ... and sometimes when they are looking their darkest ... But for now, I'm glad I didn't dip my toe into the VRC pool when I was considering doing it.
Wayne
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Price($) | Vol. | No. |
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