Hi RN71, you are aware of the price of IO over the past 4 years aren't you? See the attached graph, IO only became economic for VMS once it rose above $90. Riley wasn't economic until 2019 and then there was the need to install the wet screen and it took a while to sort the financing of the wet screen which the company did with a placement to sophs in in Jan 2021, so there you have it and I am not even a long term holder.
gla
"VMS" - Multi Asset Resources., page-686
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $59.08K | 3.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 11529445 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1144768 | 5 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |