VPR 33.3% 0.1¢ volt group limited

Ann: BHP Suspends Wescone Service Relationship, page-35

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 100 Posts.
    lightbulb Created with Sketch. 19
    Understandably it's hard for long term holders to keep the emotions under control, with a roller coaster stock like this.

    But let's look at this now things have cooled down a bit. The revenue from BHP was $0.6m, which includes (from the statement) the purchase of 6 new crushers. Now I don't have a Wescone catalogue in front of me, but i'd be surprised if you could buy a single crusher with much less than a $60-70K? worst casing it at $50k a pop, that's lost recurrent revenue of about $300k, not $600.

    Also read the statement again - BHP look to be acting like, well, BHP. They've basically said we like your crushers but we're now going to go shopping for non-original parts and do it ourselves because you dared to try and give us a different commercial model. Not unusual for the Big ex-Australian.
    Serena - VPR has 2 or 3 employees. Boyd, an Engineer and that's about it. They definitely don't have a PR department or comms department.

    And does anyone really think a professional CEO like Boyd is going to dump shares in advance of 'bad news' in what some people here are calling insider trading? He's relatively young for a CEO and he'd struggle to get another gig anywhere after something like that came out (and it would - he's right up there in the top 20) and a holder who would have notify if he was selling.

    I don't think this is the end of the world, but it's certainly not a positive event for VPR.
 
watchlist Created with Sketch. Add VPR (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
-0.001(33.3%)
Mkt cap ! $21.43M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $33 32.50K

Buyers (Bids)

No. Vol. Price($)
38 70547072 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 80825431 44
View Market Depth
Last trade - 10.24am 03/12/2024 (20 minute delay) ?
VPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.