The discrepancy is widening.
At 21.5c a share, VMC has a market cap of 33m$ which is only a 7m$ increase compared to pre-announcement.
At 5.3c a share, Rox has a market cap of 106m$, which is a 58m$ increase compared to pre-announcement.
If it was proportional to ownership, VMC would have seen an increase of 25m$ before even considering their share holding in RXL, equating a market cap of 51m$ and a share price of 34c.
The trading volumes are incredibly low in comparison, I have no idea why the market isn't waking up to this.
Just need a little bit of patience I guess.
Thankfully the RXL half of my holding is nicely up.
The discrepancy is widening.At 21.5c a share, VMC has a market...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.53M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 102330 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 99799 | 4 |
View Market Depth
| Last trade - 07.00am 18/07/2025 (20 minute delay) ? |
| VMC (ASX) Chart |
Day chart unavailable