VEC 0.00% 1.2¢ vector resources limited

Not really. Comparing it to some giant profit number to make it...

  1. 7,151 Posts.
    lightbulb Created with Sketch. 2294
    Not really. Comparing it to some giant profit number to make it small doesn't make the issue go away.

    The issue is that you have A$8m of debt that needs to be repaid and if you can't roll it over that is a 25% dilutionary event. Guess what, existing holders shares of "$5bn of profits" just became $3.75bn, and so on and so forth until they stop giving confetti giveaways to progress this project.
 
watchlist Created with Sketch. Add VEC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.