I wouldn’t say burnt. Ixr did 40 bags and Bm8 did 3 bags on ipo. If it is a classic pyramid scheme, these guys should be selling. However they are holding. If people enter when something does 20 bags and then lose how can u blame them? We know the biggest appreciation is the exploration phase before it tends to drop and consolidate with dilution and development work.
Ann: Application for quotation of securities - VMM, page-27
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Last
91.0¢ |
Change
0.035(4.00%) |
Mkt cap ! $58.47M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 92.0¢ | 85.5¢ | $263.8K | 293.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25387 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 5069 | 2 |
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| VMM (ASX) Chart |