VRX 5.56% 3.8¢ vrx silica limited

I started selling this one at 6c last year all the way up to 17c...

  1. 6,005 Posts.
    lightbulb Created with Sketch. 244
    I started selling this one at 6c last year all the way up to 17c and kept a parcel which I sold at 7.8c last week. So I’m completely out.

    The final 7.8c sell was a no brainer. Obvious the market was going to lose confidence in the company when they are selling stock at 6c(placement) when the price was around 12c. When the stock price slid sharply just before the placement announcement it was obviously inside knowledge leaking out somehow as well, not saying company directors are involved at all.

    I have rolled into others I believe have far more upside and taking into account of the money needing raised for capex I don’t believe in the short to med term we will see any major price move for VRX.

    The other mining stock I have brought more of from the VRX sale has a much bigger upside as well.

    May look at getting back into VRX at a later date.


 
watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
0.002(5.56%)
Mkt cap ! $23.87M
Open High Low Value Volume
3.7¢ 3.8¢ 3.2¢ $52.59K 1.528M

Buyers (Bids)

No. Vol. Price($)
1 134997 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 18126 1
View Market Depth
Last trade - 15.56pm 28/06/2024 (20 minute delay) ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.