VRX 16.7% 3.5¢ vrx silica limited

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  1. 5,275 Posts.
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    No offence but they have been saying that for months & months. If i were a shareholder i would be seriously concerned at having my shares suspended since early April on the basis of a deal being negotiated ? Any deal IF one does eventuate will IMO probably see serious dilution to existing shareholders. The company has practically nothing in cash and IMO could be racking up debt to pay the bills. The party or parties negotiating a deal obviously have the upper hand. Otherwise this would have been settled long ago. Not dragging on for what is now almost 6 months. The best of luck to all holding.
 
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