Ikazo,
""Trick will be to see who hangs onto their shares""
I have been hearing for some time now that some new players would begin to take a position in VRC when the time was right.
Perhaps we have reached that time.
The volume this morning is compelling. 32 million traded in 90 minutes would suggest this to be the case. We saw glimpses of it yesterday.
There will be plenty who will be unable to resist the temptation to sell for a nice profit.
I think what has to be remembered is the worth of VRC which is currently in the ground. We are not an explorer looking for Graphite. We have already found it and are now taking the necessary steps to begin extracting it.
When that happens VRC will be making plenty of money and those that are walking away with a nice profit today will probably be thinking down the track what a wonderful opportunity they missed out on by jumping off the bus when things just started to look interesting.
VRC is a bottom of the draw stock for me. It has always has been, because their prospects simply have always been exciting with plenty of blue sky potential. I have always had faith in management to get the job done. I think I have posted those sentiments on many occasions in the past year or so. As I posted yesterday, it's a 2 year hold . At least.
The obvious question is why would one sell today when 3 times your money beckons in the forseeable future.
Cheers.
- Forums
- ASX - By Stock
- VRC
- Ann: Successful Investor Site Visit at Bunyu Graphite Project
Ann: Successful Investor Site Visit at Bunyu Graphite Project, page-124
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
Add VRC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $1.448K | 299.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 19004416 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3673634 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 18754416 | 0.004 |
18 | 20977735 | 0.003 |
12 | 16241525 | 0.002 |
9 | 25150000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3673634 | 9 |
0.006 | 21379996 | 27 |
0.007 | 6727551 | 7 |
0.008 | 5295275 | 10 |
0.009 | 5271154 | 7 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |