Hey Buck, I personally wouldn’t say a false sense of security as the global economy isn’t looking too shabby.
Upcoming interest rate drop forecasts for example (which bode well for small caps that rely on funding)
I feel it will have a flow on affect to small cap stocks but we need to see a good slow down and that alone will be a bullish sign the lows are in and when they are confidence will flow back in, which I feel is very close.
its not sustainable for these drops to continue.
When the market sees this, confidence will come back and small caps will have a good bounce (big reward, high risk)
The good thing about VMM is they have a proven resource with great MET results and high grades, not an explorer hoping to hit something good…
If commodity prices increase then it will magnify imo.
Could be a very good time to buy near bottom…
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Last
74.0¢ |
Change
0.030(4.23%) |
Mkt cap ! $48.78M |
Open | High | Low | Value | Volume |
72.5¢ | 75.0¢ | 72.5¢ | $18.82K | 25.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 2926 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.710 |
2 | 1177 | 0.700 |
1 | 2726 | 0.695 |
1 | 25000 | 0.680 |
1 | 1526 | 0.655 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 2926 | 1 |
0.780 | 20000 | 1 |
0.795 | 27447 | 2 |
0.800 | 13513 | 1 |
0.820 | 10000 | 1 |
Last trade - 15.38pm 27/08/2024 (20 minute delay) ? |
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