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Hi MABROOK, had a good flick through the ASX listing rules and...

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Hauler

153 Posts.

19

11/05/21

14:56

Post #: 53096407
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Originally posted by mabrook: ↑

Yes, a long and protracted share grab. This pattern has been ongoing since late early Feb after retreating from the high of 40+, its being held at 30c plus or minus about 4c ever since.
They already have 5% by my calculations, so they will have to declare soon, they cannot hold back until they have accumulated any more that would be against ASX rules. But then again how many rules have being infringed so far...it's smelt of insider favouritism since day one.
The longer its gone on, the more uncomfortable I have felt about it.

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Hi MABROOK, had a good flick through the ASX listing rules and ASIC i found this on ASIC, interesting read on preferential treatment. Page 11

https://download.asic.gov.au/media/1246968/rg233.pdf

Nothing has been infringed by our Directors but i would concur it just doesnt feel right, why not issue new shares at 30c (i agree that it would water down our holdings) but it just would be more transparent. Just my opinion, i have for the most part been very imperessed by our Management and the Directors who are on Multiple boards and certainly know there stuff.

DYOR AIMHO
Hauler

VRX Price at posting: 27.5¢ Sentiment: Hold Disclosure: Held
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Last 3.6¢		Change 0.000(0.00%)		Mkt cap ! $22.61M

Open	High	Low	Value	Volume
3.6¢	3.7¢	3.5¢	$10.46K	292.3K

Buyers (Bids)

No.	Vol.	Price($)
4	271873	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	334860	1

View Market Depth

No.	Vol.	Price($)
4	271873	0.034
1	100000	0.033
1	31245	0.032
1	302425	0.031
4	333376	0.030

Price($)	Vol.	No.
0.037	334860	1
0.040	20000	1
0.041	12487	1
0.042	11626	1
0.043	28768	1

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