VMY 0.00% 19.0¢ vimy resources limited

andrew forrest buys into ema, page-25

  1. 2,363 Posts.
    thats fine, just know what you are paying for.

    Andrew forrest paid 3c, you are paying 8c.

    good luck. !

    I'm just saying, you have to value what the MC is.

    What are other Uranium stocks selling for?

    Compare the apples, and then check back.

    I bet you didnt even check the number of script on issue, and just looked at the MC your broker listed. (which is based on the last APP 3b, and now drastically outdated)

    Because, lets say that it is overvalued, and you dont check.
    The market will check, and a correction will occur, and you will be left wandering why you paid almost 3x what AF did.

    Of course, if you find that other U stocks of comparable value are twice the MC, then i congratulate you.
 
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