I agree with Boyatup not being THE catalyst. EPA for sure, and maybe even just incremental progress. And definitive offtakes which in theory could start to flow any day - especially the conversion of that LOI.
Either way, it's hard to argue this stock isn't significantly undervalued - just ask the major German institutional investor alongside us
To Fran's point, the aggressive buying yesterday, of all days, might be a sign that something meaningful is coming down the pike over the near term. As we all know, these things very commonly get leaked.
Either way, seems like a nice place to hide during this market volatility. A truly idiosyncratic opportunity with major catalysts throughout the remainder of this year.
I agree with Boyatup not being THE catalyst. EPA for sure, and...
Add VRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.7¢ |
Change
0.004(7.55%) |
Mkt cap ! $33.25M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.7¢ | 5.4¢ | $44.77K | 814.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 273297 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.5¢ |
Change
0.004 ( 1.85 %) |
||||
| Open | High | Low | Volume | ||
| 5.4¢ | 5.5¢ | 5.4¢ | 178268 | ||
| Last updated 14.15pm 03/05/2024 ? | |||||
| VRX (ASX) Chart |