VRC 20.0% 0.4¢ volt resources limited

Ann: Cleansing Statement, page-14

  1. 5,757 Posts.
    lightbulb Created with Sketch. 3643
    indigo,

    ""Thats great possum.
    What happens August and September when were still in the same position?
    Cant wait to hear your reply""

    They will do what every other junior company does. They will raise money.

    If you don't like what junior companies do, then you may choose to invest in the BLUE CHIPS like BHP, CBA , FMG, CSL, WPL. etc etc
    They are all established companies that are making huge profits. Their days of raising money are well past them.

    We are all hoping between now and then that VOLT can secure funding. One day down the track we are hopeful that VOLT
    can be a company earning money and will not be dependant on cap raisings. Thats why we are all here. But until that day arrives, the
    company will continue to raise sufficent funds to stay solvent. In other words have enough money to pay for it's on going workings.

    You have invested in the wrong sector indigo if you do not like cap raisings. There was a time that FMG and other Blue chip companies were
    also having to raise money to get to their end point. It's the way most of the companies begin their transition on the ASX.

    How did you think it works indigo.


    Hopefully that answers your question.
 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $16.63M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $4.807K 1.102M

Buyers (Bids)

No. Vol. Price($)
48 30512193 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 8383498 13
View Market Depth
Last trade - 14.59pm 07/06/2024 (20 minute delay) ?
Last
0.4¢
  Change
-0.001 ( 20.0 %)
Open High Low Volume
0.5¢ 0.5¢ 0.4¢ 403645
Last updated 15.00pm 07/06/2024 ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.