VRC 11.1% 0.4¢ volt resources limited

Ann: Trading Halt, page-2

  1. 6,413 Posts.
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    Your Directors are truley clueless when it come to financial management.

    Two months ago they told the market that the company has working capital covered out until "end of 2017".

    Now a capital raising, ... the idiots.

    VRC announcement regarding the Convertible Note 07/07/2017

    "From Volt’s perspective, it is important to reinforce that this funding solution is an interim measure only to provide sufficient working capital through to the end of 2017."

    https://hotcopper.com.au/threads/ann-interim-working-capital-funding-completed.3533031/#.WaicI7IjHRY
 
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