Still plenty of people on the side lines waiting to buy in. This is the first pull back in 2 weeks.
A significant amount of value has been added to the company.
Once a bottom has been found - potentially 7c - resistance will build and people will flock to buy at that price.
7c coincides with the Tectonic deal. Otherwise 6.5c is the next logical resistance band.
Once VML gets through that 7.5c and 8.0c wall it will test new highs. Whether that's on the back of news or market sentiment, that is another question. The recent acquisition definitely justifies a move to 10c in the short term .
VML General Comments - Chat, page-4202
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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¢ | $1.908K | 954.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 82778908 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 38274373 | 53 |
View Market Depth
| Last trade - 15.59pm 04/11/2024 (20 minute delay) ? |
| VML (ASX) Chart |