Because.... It costs a lot of money to IPO a company . It's much easier to backdoor it through one already listed on the ASX. Oh wait a minute isn't that exactly what happened with VRX and SUV....
Also Bruce was on Aarons private silica companies board of directors LOL. I guess he trusts him.... Oh and why wouldn't you let a company like VRX do all the ground work establishing a silica market on the ASX then just ride the cost tails with a Nova resource...
All in my speculative opinion
Daily price prediction thread, page-4552
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.13M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12500 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 12499 | 1 |
View Market Depth
| Last trade - 09.46am 08/10/2024 (20 minute delay) ? |
| VRX (ASX) Chart |
Day chart unavailable