VRC 20.0% 0.4¢ volt resources limited

Ann: Volt to Launch Capital Raising, page-147

  1. 17,843 Posts.
    lightbulb Created with Sketch. 1250
    Hi Hulahoop, well if it gets away at 1c I can see someone else that could also potentially benefit. Given the fixed maximum amount one can apply for it seems to me that small holders that participate have the potential of diluting the bigger holders dis proportionately. That would be good wouldn't it, the big boys getting diluted by the small guys as they pick up all those 1c shares in your version of likely events. Bet they wouldn't like that.

    Not sure if Patersons would get too many, but hey that all depends on which side of the fence one is looking from I suppose. Are holders ,more likely to contribute if the price is 1c or more likely to contribute if price is 4c. Like you I have just picked some numbers at random to illustrate my point, so don't get overly concerned with where I got the 4c from.
 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $16.63M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $33.89K 8.204M

Buyers (Bids)

No. Vol. Price($)
39 27377832 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3375151 9
View Market Depth
Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.