VRX
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3.57% 2.9¢ vrx silica limited

As soon as a listed company is no longer able to raise money...

  1. dbd25
    6,719 Posts.
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    18/06/24
    12:06
    Post #: 74367712
    As soon as a listed company is no longer able to raise money from the market due to shareholder disinterest, it becomes a zombie stock. Cutting management salaries is only delaying the inevitable. I'm surprised VRX isn't already in suspension mode. Cinnebon has driven the VRX bus over the cliff, and there's no point trying to engage the reverse gear.

    All IMHO, DYOR
    VRX Price at posting: 4.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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