Spot on Opaline. Even at 50c the market cap of VMS will only be $31m (excluding the soon to be exercised options). Great timing for the first resource release with some of the nervousness leaving the market and the iron ore sector hotter than it was last year.
My initial strategy was to sell the options prior to exercise but with so much happening in Tassie and so much value to be created in the short-term, it looks exercising them will be the smart thing to do.
looks like another good day, page-14
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.8¢ | $199.3K | 10.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 13303595 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 899796 | 3 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |