VRL verity resources limited

on-market buy back, page-3

  1. 381 Posts.
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    I think there were around 250M VRLPA, so we will be left with over 100M listed.

    The underlying equity value of a VRLPA is theroetically the same as a VRL so even when the buyback concludes (and adds further value to both the remaining VRLPA and VRL holders) I can't see the stock plunging.

    The more VRLPA that can be bought by the company at a big discount to VRL improves the position of existing holders. As the market further digests this the VRLPA price is creeping up..

 
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(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $5.867M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $8.736K 413.2K

Buyers (Bids)

No. Vol. Price($)
2 126629 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 244225 2
View Market Depth
Last trade - 15.36pm 30/06/2025 (20 minute delay) ?
VRL (ASX) Chart
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