Hey Chilli,
When we invest we all hope the price goes UP. No guarantees in this but what you can do, and what I always do, is try to find companies that are fundamentally strong, have great to excellent projects, cash to fund them while also trying to get them at a discount, if possible. If you do the research and find out what the company has, what its doing and the current value for those projects, you will quickly, like me, understand that VMS is a great investment. Is it currently cheap? Absolutely!!! Even if the Market Cap went to $300-$400M we would still be cheap. Now I will leave it to you what the SP would look like at a $300-$400M MC but I truly believe we can get there in the very short term, otherwise I wouldn't be invested here. These are my thoughts and I base my investments on those decisions.
VMS - CHART, page-305
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $39.02M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.6¢ | $173.7K | 10.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2949151 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 609679 | 2 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| VMS (ASX) Chart |