I'd say by 2H 2021 VRX will be in the ASX 200.
$400M market cap will get a stock in there, around 80c for VRX.
That would be only 50% of the NPV calculated at margins of $20/t. When you factor in the potential for $40-60/t margins, this is set to have a company making 2021.
If everything goes to plan they should be paying dividends by Q4 2021.
I'd say by 2H 2021 VRX will be in the ASX 200. $400M market cap...
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $32.08M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.7¢ | 5.5¢ | $11.77K | 213.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26727 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 198258 | 1 |
View Market Depth
| Last trade - 15.11pm 24/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
-0.001 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.4¢ | 5.4¢ | 50000 | ||
| Last updated 10.21am 24/05/2024 ? | |||||
| VRX (ASX) Chart |