Winston Wolf, welcome back to VRC forum and good luck to your new contract.
You are right, company never said in any ASX announcements that they don’t need to raise money this financial year. But many holders (including me) spoke to the management and they confirmed:
“NO CAPITAL RAISING IN THIS FINANCIAL YEAR”
And this is very understandable as there are 250M options @2c, which equates to $5,000,000
You should not forget VRC is the stock which jumped from 3c to 14.5c in just over 2 months period and drop back to 3-4c in over 10 months period (along with most graphite stocks)
last week it touched just close to 5c without any announcement. And you should know what would be with any decent announcement. (which is expected at any but suitable time)
You mentioned about “draw down facilities" that is a funny statement.
Most of 250M options holders are loyal and large stock holders and they can convert their options any time when company in real need of money.
Last capital raising was @ 10c. Next capital raising, we will see !!
This is bit hard time for the holders, but remember why Mr.winston wolf and party are so much interested
in this worst penny dreadful stock. Out of his 341 posts, 317 posts are down-ramping this stock.
Why? He can’t answer. Good luck to steadfast holders.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
Winston Wolf, welcome back to VRC forum and good luck to your...
-
-
- There are more pages in this discussion • 272 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $18 | 4.418K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 31179586 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3053781 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 31179586 | 0.003 |
22 | 24401964 | 0.002 |
9 | 17567001 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3053781 | 7 |
0.005 | 20402872 | 21 |
0.006 | 9153198 | 17 |
0.007 | 8852581 | 6 |
0.008 | 5695275 | 10 |
Last trade - 10.18am 28/08/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
Previous Video
Next Video
SPONSORED BY The Market Online