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3.4¢ vrx silica limited

Long suffering holder, page-188

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carnabombers

4,353 Posts.

1254

20/06/24

18:20

Post #: 74413268
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Originally posted by Sheps1: ↑

Just asked them. No response.

They are always looking at a minimum of 20% return on their money. I know this as fact.

Looking at a dividend of 2.5c possibly at year 4 of mining if we get there, then 10c will give them this return from an early buy in before it goes North. I can't see many letting go until the 20c mark (10% return ). Quick numbers in my head.

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Thx for asking. Basically, anyone can say, i'll buy xyz. Proof of the pudding is in the eating. I guess we will never know but to get to 20c means a 500% increase in the sp. Poseidon this is not. Huge profits, this is not. Shizen management this is.
Anyway, we wait and hopefully see.

VRX Price at posting: 4.0¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 3.4¢		Change 0.000(0.00%)		Mkt cap ! $21.36M

Open	High	Low	Value	Volume
3.4¢	3.5¢	3.1¢	$8.239K	237.4K

Buyers (Bids)

No.	Vol.	Price($)
2	109108	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	272929	1

View Market Depth

No.	Vol.	Price($)
2	109108	0.032
3	218235	0.031
1	33330	0.030
3	440647	0.028
7	754262	0.027

Price($)	Vol.	No.
0.035	272929	1
0.039	14571	1
0.040	54011	1
0.041	38235	1
0.042	328937	3

Last trade - 15.58pm 02/10/2024 (20 minute delay)

VRX (ASX) Chart