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5.00%

4.2¢ vrx silica limited

Ann: Strong Interest for Potential Offtake of Silica Sand, page-51

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Blazw

262 Posts.

51

18/04/19

17:51

Post #: 38204952
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Originally posted by Tumby: ↑

Bendigo,
Ever think that the main play here may be not what it seems at face value? The recent placement at 6 cents was to whom? Was it mainly just a bunch of sophs that thought they can make a quick kill on the share price being higher at the time? If not then why is no one buying at under 6 cents? Is it that most of the stock placed went to directors and associates? Now if that is the case they hold a lot of shares, in this scenario it matters diddly squat as to where the share price sits. Plans may be afoot for a bigger picture scenario. Im guessing that the timing of the plant costs was strategic as to cause and effect, we are seeing the effect. So why are non of the sophs buying below placement? Maybe they dont want to run the risk of buying on market if some rocks get turned over at a later date. For all the good people in this stock there is an equal amount of shifty shonks. With stocks, never believe the hype that is propagated and sometimes its prudent to do the exact opposite of the narrative.

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"Ever think that the main play here may be not what it seems at face value?"

Kind of like how you've mastered the english language in the space of 5 paragraphs.

FWIW at current prices this is now worth a punt. Be like firefighter.

VRX Price at posting: 5.9¢ Sentiment: Buy Disclosure: Not Held
7 Upvote

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(20min delay)
Last 4.2¢		Change 0.002(5.00%)		Mkt cap ! $26.38M

Open	High	Low	Value	Volume
4.0¢	4.2¢	3.8¢	$11.49K	285.6K

Buyers (Bids)

No.	Vol.	Price($)
1	4946	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	279199	2

View Market Depth

No.	Vol.	Price($)
1	73990	0.038
2	631342	0.037
2	73676	0.036
1	119534	0.035
1	100000	0.034

Price($)	Vol.	No.
0.042	279199	2
0.044	200000	1
0.045	17000	1
0.046	200000	1
0.047	21275	1

Last trade - 16.10pm 18/10/2024 (20 minute delay)

VRX (ASX) Chart