VXL valence industries limited
Add to My Watchlist 0.00% ! 11.5¢

Term sheet

  1. m0ngy
    10,075 Posts.
    lightbulb Created with Sketch. 4852
    clock Created with Sketch.
    24/01/15
    19:29
    Post #: 14636555
    I'm not sure why the company bothers to mention that it has received a number of term sheets.
    Term sheets are not binding offers of finance, they just set out terms of finance. One of those terms deals with how the company is going to pay the money back under a number of contingencies. If the investor discovers something that he does not like, then the investor will step away from the transaction.
    It would be difficult for the company to get finance without sales agreements, probably impossible.
    VXL Price at posting: 43.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Expert Exchange: Laretive's 4 key strategies to picking ASX winners
right-arrow Created with Sketch.
NEWS What the hell is wrong with ASX Ltd? The hits keep coming, and now CBOE looms
right-arrow Created with Sketch.
NEWS Lithium hype is back. Just ignore the fact Jianxiawo only supplies 3% globally
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 32
right-arrow Created with Sketch.
NEWS RBA's inflation trick: Is the number lying to us?
right-arrow Created with Sketch.
AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.