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6.06% 3.1¢ vrx silica limited

They were willing to underwrite as 7c before bring gifted the...

  1. SwiftySX
    1,243 Posts.
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    27/05/24
    09:50
    Post #: 74019913
    They were willing to underwrite as 7c before bring gifted the golden goose clause.

    If it's not a long term investor they will dump the 32 million shares between 5.5 and 7. Easiest ~20% they could make assuming they can drum up interest from the Cannacord portfolio.

    Where to from here is my question, apparently these funds were to advance VDT trials at Muchea.

    I think we have finally hit rock bottom. It's do or die by the EPA.

    Is this being managed to death on purpose to flip it private?




    VRX Price at posting: 5.5¢ Sentiment: Sell Disclosure: Not Held
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