It is not just placement owners that are up 100% . I think every original investor is up 100% now .
So I wonder who was the original source of the rumour leaked to The Mercury a few weeks ago ?
Very convenient that the rumour helped the shareprice to surge right before a placement to pay for a planned business purchase ..... funny , but maybe not so funny .
If the Wacker deal falls through to one of the other 2 parties they are negotiating with (they were very unhappy that the due dillgence was leaked and have said a crucial component to any deal would be significant government assistance/subsidy which possibly implies that Tasmania is expensive and remote if nonsubsidized) then it would be very savvy to sell at 100% profit to free carry .....
One has to ask why we don't know who and where the other two parties being investigated by Wacker are ?
You guys should start lobbying the Tas and Federal governments to help get the deal over the line . In the end, if prices continue to slump as Dictionary showed the government funds may be vital .
Also, what is stopping Wacker or other parties buying the ore as DSO and shipping it to a smelter in a country which is cheaper - power and labour . Tassies power is clean but expensive compared to many other places .
Hope it all goes well for us all but until the new business proves it is as profitable as the management claim/forecast then I will treat PE discussion lightly .
If deals get done in some shape for the Silica then there will be a few more placements I feel .
- Forums
- ASX - By Stock
- VYS
- supports and resistances: mhm
supports and resistances: mhm, page-3
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VYS (ASX) to my watchlist
|
|||||
Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $159.0M |
Open | High | Low | Value | Volume |
41.5¢ | 41.5¢ | 37.0¢ | $307.7K | 790.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 41884 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 298 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 41884 | 0.390 |
1 | 25641 | 0.385 |
2 | 4677 | 0.380 |
3 | 78520 | 0.375 |
3 | 54659 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 298 | 1 |
0.400 | 30000 | 1 |
0.405 | 47898 | 1 |
0.410 | 10000 | 1 |
0.415 | 87847 | 2 |
Last trade - 13.11pm 05/08/2024 (20 minute delay) ? |
Featured News
VYS (ASX) Chart |