As we approach the VRX AGM in November, I believe it’s crucial to establish a space for all general discussions. This AGM is shaping up to be particularly significant, and it's essential that we all have a clear picture of what's happening.
Recent context: - Director fees have been reduced by 50%. - Operating expenses have been reduced. - Entitlement offer revoked from 7¢ to 5.5¢. - Successful 2.46m underwritten entitlement offer. - Entitlement had 16% taken up and 84% unsold. - VRX/EPA still in discussions regarding updated Rts. - VDT trials have been impacted by bushfires. - 2.66 quarters of funding as of 30/07/2024.
I'm sure I've missed stuff so please feel free to share any additional context you think might be relevant.
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