the original reason I bought VMY was for likely DYL takeover (also EL8 back before name change)
I must say I agree with Rob though this is not a good look at the moment. I’m holding and think its 80% chance of good news around the corner, but I’m also an optimist and when I’ve been burnt (VRX, NUH) it’s had a similar feeling
At any rate I still feel the risk/reward ratio is good and it’s a small piece of my portfolio. I certainly wouldn’t want to have VMY as one of my prmary holdings right now
also WA Govt at the moment inspires zero confidence
GLTH though on balance a smart hold and such an important and valuable resource
VMY Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held