The SP goes straight down to 55c in the first half hour. Playing out exactly the same way as did the CR at 70c. So now there's no incentive at all to anyone to take up the CR. And look at what they want to spend the money on. More drilling at Muchea and testwork, more VDT trials, and a chunk
to expenses for this CR (for which the company gets nothing). Nah Bruce, no thanks, I'll pass. This probably puts the company on a path to oblivion, unless drastic action is taken immediately to slash spending and preserve remaining cash. Shareholders should be asking for an extraordinary meeting to be held asap.
All IMHO, DYOR
- Forums
- ASX - By Stock
- VRX
- Ann: VRX Reprices Fully Underwritten Entitlement Offer
Ann: VRX Reprices Fully Underwritten Entitlement Offer, page-29
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRX (ASX) to my watchlist
|
|||||
Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.50M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.9¢ | $3.282K | 84.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1820 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 79707 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2245 | 0.040 |
2 | 149263 | 0.038 |
1 | 3123 | 0.037 |
4 | 99027 | 0.036 |
3 | 1028823 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 79707 | 2 |
0.042 | 11626 | 1 |
0.045 | 50000 | 1 |
0.046 | 27010 | 1 |
0.047 | 34284 | 1 |
Last trade - 11.21am 25/07/2024 (20 minute delay) ? |
Featured News
VRX (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online