VCR ventracor limited

nice way to average down

  1. 423 Posts.
    In a way it's true - as long as the price on-market stays well above the 8.1 c offer price!

    We also have to hope we don't get too many opportunists buying $500 worth of shares on-market, $5000 in the SPP, and then off loading for a quick profit.

    But bottom will be getting the implant rate up, so the company generates positive cash flow. Once this happens, I believe the s/p will fly. The ONLY thing holding them back at present is the need to raise capital.

    Some decent PR on the implant rate necessary to achieve positive cash flow would be good, along with all the usual actions by management to improve the company's reputation.
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