It will be pumped somewhat short term I think, it can't not be given the sheer number of extra shares on issue and new vested interests. But ultimately they'll be raising again, insolvent or risk VA again in 8 months or so if they keep up 39k in protein sales. They basically need millions in revenue to survive even without DCF. The lingering liabilities alone need to be paid with this cash not to mention 40% currency losses trading in the EURO for Germany.
They have never converted sales, with the information released and pipelines always being massive market deceptions. One caused a 6.5 month suspension and now this raise. Same people and a Chair who should be nowhere near the ASX and is seriously out of his mind he should be locked up.
Run away fast if anyone is thinking of putting their hard earned money into this fraud!
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It will be pumped somewhat short term I think, it can't not be...
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Open | High | Low | Value | Volume |
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7 | 779572 | 0.016 |
9 | 3179495 | 0.015 |
2 | 171428 | 0.014 |
1 | 90999 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 1426637 | 2 |
0.019 | 2350776 | 4 |
0.020 | 1164223 | 5 |
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0.023 | 287000 | 2 |
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