On Commsec 12 buyers for 150,000, 24 sellers for 340,000. here we go again, 35c inevitable 30c possible, that's likely in my view. 30c within a month.
This company loses value daily and has done so all year, and yet management says it doesn't know why the SP is the worst performing in the graphite space. The up rampers on this thread say that we shouldn't compare the company with other graphite companies - what rubbish!
The company says it's all good, milestones met, sales underway and yet major holders are determined to get out and quickly. Something is not right with this company, I'm not sure what it is but convinced that the sellers know and perhaps the up rampers do as well (they may be the sellers). Management must be be a lot more forthcoming about the finances/ credit raising/ environmental implications and anything else that is relevant to this SP disaster.
VXL Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held