As i stated in other threads i would have no problem with participating in a cap raise for VR1, they are very close to cashflow neutral, so even if they raised a million it would last them a long time. Around 2 to 4 years at current burn rate. And thats saying they don't go cashflow positive within those 2 to 4 years.
although ive seen many speccies start off great then get driven into the ground when a new director comes on and starts pushing to double salaries etc.
Ann: Trading Halt, page-8
Add VR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.16M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 530800 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 418039 | 5 |
View Market Depth
| Last trade - 12.15pm 08/05/2024 (20 minute delay) ? |
| VR1 (ASX) Chart |
Day chart unavailable