I hope so...but
The valuation of the stock on the OTC is $US146.17 MM.
The AUD to USD exchange rate is 0.7198
Thus the Aussie valuation of VLA is $AU 203.07 MM. Meaning our SP should be sitting at or around 88 cents (AUD).
That's probably why things are moving up.
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- VLA - something going on ?
I hope so...but The valuation of the stock on the OTC is...
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