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4.55%

2.1¢ vection technologies ltd

Yep, they've got to overcome that debt burden they're...

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flatspin

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30/04/24

18:14

Post #: 73591134
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Originally posted by SirAB: ↑

You'll find that the numbers this quarter don't tell the whole story and like everything, need to be read in context and accounts reviewed/assessed over the longer term.
That is, VR1 had a large cash receipt this quarter propping the numbers, but as reported, will have a fairly large expense to pay next quarter as a result.
The question is, can the revenue continue to flow to be able to offset the creditor payment due (as well as meet other expenditure) and still report at least a neutral (or even better, a positive) cashflow position next quarter?....
Yet again, without the release of some material announcements in the coming month or so, we wait for the Q4 numbers.... thus you have a lack of love in the market for VR1.
But regardless, more money in the front door is always a good thing for any operation!

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Yep, they've got to overcome that debt burden they're carrying.
Let's hope that large contract from NATO comes about.
GLTAH, hang in there.

VR1 Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.1¢		Change -0.001(4.55%)		Mkt cap ! $23.65M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$4.988K	237.5K

Buyers (Bids)

No.	Vol.	Price($)
1	97328	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	498855	5

View Market Depth

No.	Vol.	Price($)
1	97328	0.021
7	428674	0.020
4	327894	0.019
5	810444	0.018
4	488882	0.017

Price($)	Vol.	No.
0.022	498855	5
0.023	248512	3
0.024	112506	4
0.025	474862	11
0.026	147500	1

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 2.0¢			Change -0.001 ( 9.09 %)
Open	High		Low	Volume
2.1¢	2.2¢		2.0¢	186650
Last updated 15.59pm 07/06/2024 ?

VR1 (ASX) Chart