VMM 0.31% $1.60 viridis mining and minerals limited

No, I'm still holding; In fact I bought more today......TBH I've...

  1. 840 Posts.
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    No, I'm still holding; In fact I bought more today......

    TBH I've gone against my own rule by holding; I would usually have sold as 9 times out of 10 a SP will retreat back to CR price

    I was fooled by this week's buying volume I suppose

    Not sure what the market depth will look like tomorrow morning, but at the moment the spread is wide
    By the looks of the market depth, it looks as though it wants to head back up to $1.42, but can it be trusted, especially when 6M new shares come into the market next week?

    Some are saying insto's won't sell after buying at $1.25, but I don't agree.
    Say for example the SP was $1.40 when the 6M shares arrive, that' an easy 12% profit

    This 1st market depth image was from after the close when the depth was adjusted

    https://hotcopper.com.au/data/attachments/6123/6123556-c106a078f3662329c5abbd5eb6ede7b8.jpg


    Market depth at 15:24

    https://hotcopper.com.au/data/attachments/6123/6123596-8bcb6524ba9aaea48c33deec93e713bb.jpg



    Market depth at 14:58

    https://hotcopper.com.au/data/attachments/6123/6123601-5ba35b7da58484e839defcb326439222.jpg

    Last edited by watchthisrise: 24/04/24
 
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