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5.56% 3.8¢ vrx silica limited

Page 43 of the prospectus allows the underwriter to cancel its...

  1. SwiftySX
    1,239 Posts.
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    22/04/24
    11:06
    Post #: 73453430
    Page 43 of the prospectus allows the underwriter to cancel its agreement if the share price closes lower than 7 cents for any 3 consecutive days before the offer closes.

    They are willing to underwrite the turd provided it doesn't turn to diarrhea.
    VRX Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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