Today's price increase may give us a clue as to their recommended buy up to.
But I would be more interested in the reasoning behind it. Like many people, no doubt, I have begun to question whether the VMT strategy is right.
I don't want to be one of those people who buys a theme (ie electric vehicles) rather than a company - I've seen that too often with lithium explorers being valued at blue sky while budding producers like ORE get caned for every mis-step. However, I would have thought that VMT has overcome all those startup issues and should be poised for success - if they have chosen the right target market.
Hopefully the confidence of those now buying is well founded!
Alf
Good buying 3-5c?, page-20
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $58.54M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $5.766K | 40.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19709 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 79659 | 2 |
View Market Depth
| Last trade - 13.51pm 12/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |