If an major investor or Insto want to buy $5m in shares @ 0.75, it over 6 million shares they have to buy. That money dont go to the company.
It will spike the share price hard and end up paying way more. There is only 2 days since early November where more then 1 million shares exchanged hands. Most days bouncing around at 100k to 200k
Approach the company then the issue price will be negotiated and the money will go to the company.
That is looking on the bright side.
VLA Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held
