I know their cash position is low but on a positive note there is bugger all shares on issue ,about 54 million from memory and the top 20 hold about 56% of those and they have a great ground position in the area .I have a feeling they will want to raise at much higher prices than the current SP.There is rumours of some corporate action imminent in the lithium space so let's see how that plays out .If there is some consolidation coming in the space then that will bode well for VMC given their ground position
I know their cash position is low but on a positive note there...
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Last
7.6¢ |
Change
-0.004(5.00%) |
Mkt cap ! $14.41M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 7.8¢ | 7.3¢ | $8.435K | 109.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61802 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 24187 | 2 |
View Market Depth
| Last trade - 12.25pm 05/06/2024 (20 minute delay) ? |
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Last
7.6¢ |
Change
-0.004 ( 6.17 %) |
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| Open | High | Low | Volume | ||
| 7.7¢ | 7.7¢ | 7.6¢ | 48689 | ||
| Last updated 12.25pm 05/06/2024 ? | |||||
| VMC (ASX) Chart |