VRC 11.1% 0.5¢ volt resources limited

Will Syrah affect VRC?, page-2

  1. 1,669 Posts.
    lightbulb Created with Sketch. 237
    Dispatch, I have casually followed SYR's sp during its fall from a high of $6.40 and now down to 83c today!

    "Macquarie have a target price of $4.70 and UBS $4.60 and Credit Suisse $6.40", a quote from a post on the SYR page. (unsubstantiated)

    SYR have a lot of sales booked up, no debt, a large resource and money coming in. There is no comparison to VRC which has some land, a high cash burn rate, highly paid directors and no financing to start a mine!

    In fact, SYR looks like a good buy to me, but has the sp still got some more to fall? Could be a way to make 50% at $1.20 or 100% at $1.60 and still be a huge way below unsubstantiated broker targets for the sp, of between $4.70 to $6.40!

    No news on the VRC front from anyone? Has Trevor spent all that time in Tanzania supposedly to meet the king, for nothing?

 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(11.1%)
Mkt cap ! $20.79M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $6.262K 1.258M

Buyers (Bids)

No. Vol. Price($)
57 37161321 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 5325179 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.