Your analysis is correct. Our directors could easily raise equity funding at current share price but they prefer not to do it in the best interest of shareholders. Our directors know that the fair value of ERJ is significantly far above the current price, in particular the first commercial contract is forthcoming.
Ann: Director Funding, page-11
Add VPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.43M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $500 | 250K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 29797448 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 83854179 | 49 |
View Market Depth
| Last trade - 10.08am 19/07/2024 (20 minute delay) ? |
| VPR (ASX) Chart |