VMM 2.36% 62.0¢ viridis mining and minerals limited

Hey Buck, I personally wouldn’t say a false sense of security as...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,719 Posts.
    lightbulb Created with Sketch. 461
    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…
 
watchlist Created with Sketch. Add VMM (ASX) to my watchlist
(20min delay)
Last
62.0¢
Change
-0.015(2.36%)
Mkt cap ! $40.87M
Open High Low Value Volume
65.0¢ 65.3¢ 59.0¢ $55.77K 88.84K

Buyers (Bids)

No. Vol. Price($)
1 2358 62.0¢
 

Sellers (Offers)

Price($) Vol. No.
65.5¢ 5000 1
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
VMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.