That all makes sense if the acquisitions can be funded through cash flow or a rights issue.
However, if it can’t, then an 8c share price with a 20% discount will only deliver a dilutive capital raise at 6.5c. Spending $100k on marketing through interviews and presentations to get the word out that VYS is an expanding company could see us raising capital at approximately double the 6.5c at 13c. Accompany the marketing and interviews with an announcement that confirms monthly and quarterly profit, shows the forecast annual profit is on track and achievable, then the market will react accordingly.
You might think it naive, the thought that management don’t care about the share price, but I’m not seeing the actions to prove it so I’m offering up suggestions. I’ve seen other companies do just this.
The management frugalness was excellent during the start up phase, but it’s time for value add expenses(not wanting them to go waste money).
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $258.7M |
Open | High | Low | Value | Volume |
50.0¢ | 51.0¢ | 49.5¢ | $1.219M | 2.419M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2200 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 203246 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200 | 0.495 |
8 | 72796 | 0.490 |
7 | 148100 | 0.485 |
3 | 27215 | 0.480 |
1 | 2127 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 203246 | 1 |
0.505 | 50000 | 1 |
0.510 | 17374 | 2 |
0.515 | 33599 | 3 |
0.520 | 196692 | 2 |
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