Annuncio • May 28
VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 6.232199 million. VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 6.232199 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 105,804,975
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Transaction Features: Rights Offering Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director David Rolf Welch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 05
VRX Silica Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1004 million. VRX Silica Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,477,778
Price\Range: AUD 0.072
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 694,444
Price\Range: AUD 0.072
Transaction Features: Subsequent Direct Listing Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director David Rolf Welch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director David Rolf Welch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 25
VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1004 million. VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,477,778
Price\Range: AUD 0.072
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 694,444
Price\Range: AUD 0.072
Transaction Features: Subsequent Direct Listing Annuncio • Sep 08
VRX Silica Limited, Annual General Meeting, Nov 20, 2025 VRX Silica Limited, Annual General Meeting, Nov 20, 2025. Board Change • Aug 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director David Rolf Welch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Mar 28
VRX Silica Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million. VRX Silica Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 115,476,192
Price\Range: AUD 0.042
Discount Per Security: AUD 0.00252
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,571,428
Price\Range: AUD 0.042
Discount Per Security: AUD 0.00252
Transaction Features: Subsequent Direct Listing Board Change • Dec 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director David Welch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Dec 10
VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 115,476,192
Price\Range: AUD 0.042
Discount Per Security: AUD 0.00252
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,571,428
Price\Range: AUD 0.042
Discount Per Security: AUD 0.00252
Transaction Features: Subsequent Direct Listing Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director David Welch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 27
Full year 2024 earnings released: AU$0.007 loss per share (vs AU$0.009 loss in FY 2023) Full year 2024 results: AU$0.007 loss per share (improved from AU$0.009 loss in FY 2023). Net loss: AU$4.26m (loss narrowed 16% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Annuncio • Sep 18
VRX Silica Limited, Annual General Meeting, Nov 29, 2024 VRX Silica Limited, Annual General Meeting, Nov 29, 2024. New Risk • Jun 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.5% per year over the past 5 years. Revenue is less than US$1m (AU$53k revenue, or US$35k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (AU$22.6m market cap, or US$15.0m). Annuncio • Apr 11
VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 3.141269 million. VRX Silica Limited has filed a Follow-on Equity Offering in the amount of AUD 3.141269 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 37,142,858
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,732,415
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Security Features: Attached Options
Transaction Features: Rights Offering Reported Earnings • Mar 15
First half 2024 earnings released: AU$0.004 loss per share (vs AU$0.005 loss in 1H 2023) First half 2024 results: AU$0.004 loss per share (improved from AU$0.005 loss in 1H 2023). Net loss: AU$2.16m (loss narrowed 18% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 33% per year. New Risk • Jan 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 5.5% per year over the past 5 years. Revenue is less than US$1m (AU$113k revenue, or US$75k). Minor Risks Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Market cap is less than US$100m (AU$64.2m market cap, or US$42.4m). New Risk • Nov 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Earnings have declined by 5.5% per year over the past 5 years. Revenue is less than US$1m (AU$113k revenue, or US$72k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (AU$67.1m market cap, or US$42.5m). Reported Earnings • Sep 29
Full year 2023 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2022) Full year 2023 results: AU$0.009 loss per share (in line with FY 2022). Net loss: AU$5.06m (flat on FY 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annuncio • Sep 06
VRX Silica Limited, Annual General Meeting, Nov 17, 2023 VRX Silica Limited, Annual General Meeting, Nov 17, 2023. Agenda: To consider election of directors. New Risk • Sep 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 7.7% per year over the past 5 years. Revenue is less than US$1m (AU$110k revenue, or US$71k). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$6.7m). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (AU$65.9m market cap, or US$42.5m). New Risk • Jun 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 7.7% per year over the past 5 years. Revenue is less than US$1m (AU$110k revenue, or US$74k). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$6.7m). Market cap is less than US$100m (AU$81.3m market cap, or US$54.8m). Reported Earnings • Mar 14
First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.006 loss in 1H 2022) First half 2023 results: AU$0.005 loss per share (improved from AU$0.006 loss in 1H 2022). Net loss: AU$2.62m (loss narrowed 19% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.002 loss in FY 2021) Full year 2022 results: AU$0.009 loss per share (further deteriorated from AU$0.002 loss in FY 2021). Net loss: AU$5.03m (loss widened 362% from FY 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 17
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.006 loss per share (down from AU$0.002 loss in 1H 2021). Net loss: AU$3.24m (loss widened 294% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • Oct 31
High number of new directors Non-Executive Director David Rolf Welch was the last director to join the board, commencing their role in 2021. Reported Earnings • Sep 30
Full year 2021 earnings released: AU$0.002 loss per share (vs AU$0.005 loss in FY 2020) Full year 2021 results: Net loss: AU$1.09m (loss narrowed 54% from FY 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 19
First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2020) First half 2021 results: Net loss: AU$822.1k (loss narrowed 40% from 1H 2020). Is New 90 Day High Low • Dec 30
New 90-day high: AU$0.33 The company is up 160% from its price of AU$0.13 on 02 October 2020. The Australian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: AU$0.26 The company is up 143% from its price of AU$0.10 on 04 September 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: AU$0.23 The company is up 158% from its price of AU$0.091 on 13 August 2020. The Australian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 3.0% over the same period. Reported Earnings • Oct 01
Full year earnings released - AU$0.0055 loss per share Over the last 12 months the company has reported total losses of AU$2.37m, with losses narrowing by 61% from the prior year. 
