New month, option trigger and historically September is the month, money starts pouring into U stocks.
I'd be quietly confident the SP will at the very least, now stay above trigger, to raise the next lot of cash, for a possible merger.
Discussion around a M&A has been on the table for a long while now. Clearly waiting for the appropriate opportunity but more so, for confidence in the U demand and prices to rise.
The M&A in my opinion, will have to happen near term, before there is too much heat in the market and an opportunity is missed.
- Forums
- ASX - By Stock
- VMY
- Ann: Managing Director & CEO Change
Ann: Managing Director & CEO Change, page-144
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VMY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online