Bruce,
It amazes me that I am still able to buy shares at this current level. Back in June 2016 the share price was over 12c if you can believe that..
I would have thought a lot has happened with VRC during this time that puts it in a much better position then it was back then. I won't bore you with everything that has been announced to the market over the past 18 months. Fair to say however that VRC is much better placed then ever before.
So why are we trading at 3.3c as I speak. The answer is quite simple, the market is still not believing that VRC will become a producer in the forseeable future.
There will be plenty happy to buy VRC at 8c in a few months time when it becomes clearer, I am just happy to pay 3.3c now when the waters are still slightly muddied.
Cheers.
Ann: Quarterly Activities and Cashflow Reports, page-28
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0.4¢ |
Change
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Mkt cap ! $16.63M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $9.405K | 2.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 31179453 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 944703 | 3 |
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| Last trade - 13.43pm 29/08/2024 (20 minute delay) ? |
| VRC (ASX) Chart |