How did a discussion about reasons to buy this stock other than William suddenly become a down ramp?
Personally, I bought into VXR when it was a $14M micro cap primarily for SS 17.4 Mt at 3% CuEq when Copper was <$2. Then WL 300% IRR would have been the icing on the cake. Collectively, these would have offered a pure-play exposure to a resurgent copper price as did my other copper plays.
But SP $3 to $2 when Copper $10K vs peer group going up and up. Please explain this phenomenon to any prospective investor.
Bell Potter price target only $3.20 which was last year's SP. That means the company has not progressed from a valuation perspective.
Maybe to some people the supreme leader is the sun and stars. But to the lay person nascent investor, nobody really cares. Can you imagine a bunch of serious money investors and funds sitting in Monday morning team meetings looking at this stock and be thinking hey guess what, the historical track record looks look and why won't it work again, so let's put our members money at risk and have a jolly good punt.
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Open | High | Low | Value | Volume |
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1 | 3289 | 2.540 |
1 | 3289 | 2.530 |
2 | 6459 | 2.520 |
2 | 7918 | 2.510 |
Price($) | Vol. | No. |
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2.600 | 4552 | 2 |
2.610 | 10355 | 2 |
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