VML 0.00% 0.2¢ vital metals limited

rot stopped

  1. 7,507 Posts.
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    It's good to see that the rot has stopped for now, with stability returning in the 9s. All the same, it looks as if we'll have to hack our way all the way through the 9s to get back to 10c. It's funny how stocks can fall rapidly between 10c and 9c but the SP has to be clawed back slowly, presumably partly because a few new buyers get the chance to sell for quick profits, say, from 9 to 9.5 (not a bad quick return!). However, a good announcement will do the job much quicker, and I expect to see one quite soon. Then we'll hopefully leave the 'penny dreadful' status that goes with sub-10c behind forever. Happy Easter to all.
 
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