VMC are a conservative company that usually have a lot of cash without CRs or SIs with the usual dilution.
They are very good at getting highly prospective tenements and they usually farm them out rather than sell.
Easy to look back and say they sell off too cheaply eg they should not have let Rox get 70% of the Younami JV but they kept half the highly prospective tenements and basically got Rox to pay their share of exploration costs.
Financially prudent or they sell off too readily?
I think they are smart and hold stakes in a range of very good projects.
They are way undervalued, look at the way RXL is powering ahead while VMC have not moved/
VMC are a strong buy and their day will come.
VMC are a conservative company that usually have a lot of cash...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.57M | |||
| 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. |
|---|---|---|
| 11.5¢ | 55309 | 2 |
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| Last trade - 11.40am 23/07/2025 (20 minute delay) ? |
| VMC (ASX) Chart |
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