Think you're on the money there, Indigo.
From what I recall, just about every time VRC issues a facility ( SPP, Rights Issue, etc ) to milk more money from the long-suffering faithful, there is an obvious attempt to prop up the SP until it's completed .. And then the SP support seems to dissipate once more.
As I've always said, I can't rule out the possibility that some day VRC could come good with it's big funding deal .. but I've seen nothing to date that gives me any confidence it is coming any time soon.
.. And as each capital raise occurs at lower and lower prices, eventually they will run out of takers .. So this may be the endgame.
Think you're on the money there, Indigo.From what I recall, just...
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