I know there were some that said VCR would go as low as 40c, but you can credit the US markets for that!
VCR has been way oversold recently (forced / margin call / panic selling)....should find itself trading back in the 55 to 60c range very soon!!!
With regards to cash burn.....growth of the c/o is starting to pick up, so are they still burning the same amount of cash or has it increased???
In any event, I suppose if VCR did need to raise cash ONE LAST TIME, then a cap raising at these very low levels might happen???
Any thoughts???
VCR
ventracor limited
I know there were some that said VCR would go as low as 40c, but...
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