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Ann: Fundraising Update - Renounceable Rights Issue, page-6

  1. coto
    14,337 Posts.
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    02/04/25
    17:08
    Post #: 78521150
    These guys are unbelievable! Organised a failed name change and consolidation where the share price has almost halved since after dropping more than 80% to 2c beforehand. Now they are organising a capital raise with an outrageous discount. You would think in this record Gold environment they could have got a better deal. They really didn’t try hard at all. Anything to keep their salary coming in. plus only 5 months after the last raise!
    Last edited by coto: 02/04/25
    VRL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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