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4.2¢ vrx silica limited

seriously bro!!!!! You need to wake the f@&$ up. Clearly the...

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cityhunter

156 Posts.

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25/08/23

09:28

Post #: 69542004
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Originally posted by Kangaroo111: ↑

As expected, a capital raise purely for working capital until ministry approval, whenever that may be. Its probable that the capital raised will also be used for long lead items to secure delivery dates.

Negligible dilution, a bonus for shareholders.

12c cap raise, hardly disappointing when the share price was sub 10c a few months ago. If you were prepared to hold at sub 10c then you're prepared to hold at 12c.

I dont know what the fuss is all about though. No company would raise major funds before getting any enviro approval... Simple. Raise huge sums of money expecting that the EPA will sign off? Come on... Although on the face it would look bold and confident, no similar company would approve of this.

Ive seen penny stock companies raise in excess of >20million dollars just for admin, new staff, feasibility costs. We are talking 1.5million dollars just to keep VRX on standby..

We are in a dead zone right now and I'm sure Bruce is getting bored like the rest of us. If only being bored translates to better comms but that doesnt seem to be the case. Either way right now minimal dilution balances Brucey's lack of comms.

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seriously bro!!!!! You need to wake the f@&$ up. Clearly the shareholders being F@&$ . Time to jump off the ship IMO

VRX Price at posting: 14.5¢ Sentiment: Sell Disclosure: Not Held
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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