VRX 0.00% 3.0¢ vrx silica limited

Whilst we wait..., page-18

  1. 164 Posts.
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    Question: given all the options and various strikes that are out there.

    Q: can anyone advise what the ( 100%) exercised number of FPS on issue would be. Just so i can do a dilution / marketcap kind of exercise for myself.

    IMHO - i see the recent CR as a net positive. But like everyone i hate the very short term impact on the share price. That said IMHO it will be short term, days rather than weeks. i expect us to be back at 15c very soon.

    We have 3.5 milliion buyers down to a floor just under the CR price, and only 400k sellers back up to 15c - of course we have our everpresent wall of 1.5 million shares sitting 15.5 - 17. Hence this kind of chart.

    So overall i see the CR as a strong positive, particularly if ML's are delayed. ( still a strong non zero chance of this). please note I said delayed - not rejected. Time slippage is a real possibility and must be factored into our risk calculations, although i certainly agree - reading between the lines it seems that things are imminent ( although that wording has not been used by management of recent days)

    I just wish i had more money to top up. - but as i said im a hack investor that just happened to be in the right place at the right time with VRX

    https://hotcopper.com.au/data/attachments/1808/1808603-8f9ef096a08bfc4740296aa51e26c6a9.jpg


    https://hotcopper.com.au/data/attachments/1808/1808595-fb1a3fe5b12fdff6a4d85dcd6de040f0.jpg
 
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Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $18.84M
Open High Low Value Volume
2.7¢ 3.0¢ 2.7¢ $26.38K 952.7K

Buyers (Bids)

No. Vol. Price($)
1 30127 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 1228381 4
View Market Depth
Last trade - 16.10pm 20/09/2024 (20 minute delay) ?
VRX (ASX) Chart
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