VMY 0.00% 19.0¢ vimy resources limited

the original reason I bought VMY was for likely DYL takeover...

  1. 1,903 Posts.
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    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
 
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Currently unlisted public company.

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