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2.1¢ venture minerals limited

There is somewhere around 6 mil still in the atm they set up so...

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bolulo

458 Posts.

58

20/09/21

18:26

Post #: 56215935
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Originally posted by Ajax: ↑

I hate this stuff. Have been burnt too often by this.

For those less familiar with C.R.'s:-

Small shareholders wonder why the shareprice is relentlessly heading south, then a trading halt pending an announcement (usually says in relation to capital management) then the dreaded large number of shares (sometimes with attached options) issued to clients of the issue organiser at a substantial discount to the current shareprice.

After the newly issued shares trade the shareprice drifts invariably falls down to the capital raise price (as new shareholders offload their newly acquired shares for a quick 10% or 20% profit). Existing shareholders suffer both a fall in shareprice and dilution in the equity they had in the company. I suspect Canaccord Genuity will be behind the next capital raise.

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There is somewhere around 6 mil still in the atm they set up so yes shares are issued but not a normal cr and you won't know until the quarterly if it's been used

VMS Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $48.73M

Open	High	Low	Value	Volume
2.1¢	2.2¢	2.1¢	$24.48K	1.142M

Buyers (Bids)

No.	Vol.	Price($)
16	2458686	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	908451	10

View Market Depth

No.	Vol.	Price($)
16	2465848	0.021
9	3010000	0.020
8	2084517	0.019
6	1624722	0.018
3	2064000	0.017

Price($)	Vol.	No.
0.022	908451	10
0.023	546818	4
0.024	1331249	8
0.025	959510	4
0.026	868000	4

Last trade - 10.49am 26/06/2024 (20 minute delay)

VMS (ASX) Chart