VRX 6.06% 3.1¢ vrx silica limited

Management only holds 12.5% hardly a blocking stake. Not much...

  1. vmp
    13,264 Posts.
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    Management only holds 12.5% hardly a blocking stake. Not much skin in the game. This actually surprised me. You can talk all you want but if there’s an opportunistic offer, VRX could easily go to another hand cheaply. Even t2o holds only 34%

    I could be wrong as I don’t know much about the t20’s and bulk of investors alignment. Mgt can rally to oppose anything below $3 but at the end of the day, this will not be known until an offer is tabled. Joe blogs is usually happy to accept twice his money as you can see people are selling at this price
    Last edited by vmp: 10/12/20
 
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No. Vol. Price($)
6 426666 3.0¢
 

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Price($) Vol. No.
3.2¢ 194896 1
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