Taking a look at the most recent top 20 in the annual report...

Taking a look at the most recent top 20 in the annual report (19-sep), about 40 small punters have left (since 31-Aug). The ones gobbling up these shares are in the top 20. Perhaps the SP is being suppressed for a T/O. The chances of VXR securing finance of $150M is small, but that does not mean the assets are of no value. $80M accumulated losses, Whim Creek Infrastructure / Gold story, Sulphur Springs development. The market is not buying because of the impending capital raising, most likely at a discount. So no hurry to buy now.