VMM 1.92% 51.0¢ viridis mining and minerals limited

Ann: VMM Completes Heavily Oversubscribed A$8 Million Placement, page-15

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  1. 10,471 Posts.
    lightbulb Created with Sketch. 1051
    Wtf? Mate you are dealing with the hypothetical. Price settlement cannot be predicted as sell orders could arrive or buy orders cancelled. Further, you forget the carnage on friday that vmm avoided with the israel- iran attack.
    Further these rauses are determined well in advance - discussions about potential cr is initiated a few weeks in advance and once confirmed will then result ina TH being called. However, institutional cross trade means demand is hot. Look at the price action today. Buyers of large parcels understand the value vmm presents.
 
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