VRC
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0.00% 0.4¢ volt resources limited

Aussie electric car by 2020, page-22

  1. Graphene
    1,346 Posts.
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    27/09/18
    14:03
    Post #: 35882753
    even if there is no SP jump on ML - im hoping there will - lets say 40m usd = 55mAUD for current MC 30m +55m = 85M - 85m/30m = 2.83 bagger so sp = 2.1c x 2.83=5.95c on simply injecting 40m usd surely if MC is currently 30m, adding 55m AUD will increase the MC by at least that much...

    anyway, my prediction is that worst-case scenario - after 40m usd bond issue SP has to be 5.95c a 3 bagger...
    VRC Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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