Still fuming about this continued selling. Following the 15m, another 1.5m followed.
Usually, an A team sticks to it until resounding success or sink at the bottom.
If there’s indeed such interest from major investors, vrx could have taken advantage of raising $10m, $6m from these ones and another $4m spp to be participated in by the 3 key management personnel. With small dilution, that $10m would have sent a big message to the market that delayed offtakes are just delays, permitting are just delays, but this project is now almost 50% funded and ready to pounce on receipt of permits. That would also allow vrx in pole position to negotiate the remaining $18m to complete the funding. That’s what Tim Goyder did on CHN and following that the sp rose from $1 to almost $7 now, then he poured the proceeds to Ltr where he kept building his stake from 2c and still buying at 47.5c. I have another stock whose project is delayed but never has management sold anything for years now which has boosted the morale of investors who have been holding for 5-6 years, the project is delayed yes but the kmp’s two of them built from scratch puny explorers to multi-billion producers have said, it’s been a roller coaster but as long as we’re still here this ship will reach its port of final destination. Not selling, and participation of kmp to raise $10m would have put vrx in the next level- that’s what you do operate like this is going to produce soon as thats what’ they said - ADN if it’s a flop so be it just return a few to the shareholders the cash raised and close shop. Instead these vrx kmp sent a wrong uninspiring message. to those who say they don’t want to discuss anymore, then stop posting about it. Let a few who want to discuss, discuss it. You don’t own the vrx thread.
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Last
4.2¢ |
Change
0.002(5.00%) |
Mkt cap ! $26.38M |
Open | High | Low | Value | Volume |
4.0¢ | 4.2¢ | 3.8¢ | $11.49K | 285.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4946 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 279199 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4946 | 0.039 |
1 | 73990 | 0.038 |
2 | 631342 | 0.037 |
2 | 73676 | 0.036 |
2 | 139534 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 279199 | 2 |
0.044 | 200000 | 1 |
0.045 | 17000 | 1 |
0.046 | 200000 | 1 |
0.047 | 21275 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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