I agree with the buy VMS bit as this is a shell now or will become more of a shell soon.
The share price may go down and it will be whatever they will do to move the share price.
As for the comment about getting a production asset, this is not something you do easily and in 95% of the time, not a happening thing. It is a pipe dream from investors who are not in the "KNOW" of the sector.
Production assets don't come cheap and they are not shopped around. Anything that is making the rounds is not worth touching as the "A-Listers" have looked at it.
If they utter the word Africa or South America, go buy BHP, they are at a low now and will give ou a decent rise soon. I will be buying BHP once I see a sign of slowing down of the fall.
I will be a happy investor for a shell play but their MC is pretty high, so that is not a likely play for now.
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1.2¢ |
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Mkt cap ! $32.04M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $60.75K | 5.049M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 256798 | 1.2¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 2704969 | 7 |
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3 | 256798 | 0.012 |
22 | 7672907 | 0.011 |
14 | 4884595 | 0.010 |
5 | 3498333 | 0.009 |
5 | 3788750 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 2692969 | 6 |
0.014 | 1530000 | 4 |
0.015 | 774102 | 4 |
0.016 | 1750000 | 3 |
0.017 | 1296699 | 6 |
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