Yes it is a great stock for traders because of the high daily volume.
As far as these posters trying to do costings and figure out profit margins fair enough if you are in a normal situation and investing into a company selling cornflakes or footwear.
But this is a rare earths soon to be producer,in Canada right next to the United States as it prepares for IMO certain war with China
To put it bluntly that shit is coming out of the ground and being processed no matter what the cost.
The military/industrial complex will step in if it has to with grants, special terms and tax breaks etc .VMLwill not be allowed to fail simple as that.
Look at the rare earths "dream team" plucked from Lynas to get this running from the ground up.
I suspect that behind the scenes there is a strong push happening to get the vast Wigu Hlll deposit into production and that is what will eventually take VML into the stratosphere.
As an aside ,the decision by the Western military industrial complex to build china up from a poverty stricken weak communist nation through trade and investment in return for cheap labour just 30 years ago , must rank as the greatest foreign policy disaster in history bar none.
If you think war with China is coming buy VML.
Cant fail, Wont be allowed to fail. Next Lynas. sure as chickens have teeth.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $739 | 369.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
110 | 119382704 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 40826487 | 54 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
110 | 119382704 | 0.002 |
25 | 138767531 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 40826487 | 54 |
0.004 | 12230640 | 33 |
0.005 | 7906106 | 20 |
0.006 | 6687048 | 10 |
0.007 | 1227296 | 4 |
Last trade - 15.59pm 16/10/2024 (20 minute delay) ? |
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