re: Ann: Verus secures AUD$10 million equity ...
i guess this is a fair deal. 85 %its prior five consecutive trading days average rather than lowest 5 days average in the last 25 days(some co i hold) gd luck to all. but reading the ANN,can anyone explain this to me Shares issued to Truestone will be priced at 85% of the LOWEST OF THE DAILY VOLUME weighted average price (?VWAP?) of the Securities as quoted by Bloomberg during the prior five consecutive trading day period.
what does the word lowest of the daily volume VWAP means. i dont hold but just for mt knowledge thanks
VIL Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held