If we look at the various announcements that we can expect to come in, yes, shorting VMS is only for those who like to lose their money.
Soon the dollars will be flowing in the till and shorting a company that will be rolling in cash is suicidal in my opinion.
If anything, the Mcap should be around $300M as no value is accredited for Mt Linsay and this is happening when we are having a runaway Tin price and Tin shortage!
VMS is due for a healthy re-rating and the shorts will burn.
VMS - CHART, page-506
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $111.0K | 6.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 7999876 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1680469 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |