While you could be correct, MEI's market cap literally went up 400% in the weeks/months after their MRE announcement. It makes absolutely zero sense if we at VMM have a just as stellar MRE announcement (or better) and the SP goes no where.
Nothing is a guarantee with the market but MEI were at 400 mill MC not too long after their MRE. They have sinced slowed and gone backwards. It all comes down to our grades etc in comparison.
If this announcement ticks all the boxes then it is the catalyst for the re-rate to properly begin in my opinion. We are moving at breakneck speed in comparison to them and I think we should be trading at the same market cap providing our MRE is a home run. We are still FAR too cheap compared to them. Tomorrow is the absolute catalyst to answer if that is warranted or not. We shall see...
- Forums
- ASX - By Stock
- VMM
- Ann: Trading Halt
Ann: Trading Halt, page-59
-
-
- There are more pages in this discussion • 8 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
Add VMM (ASX) to my watchlist
|
|||||
Last
$1.24 |
Change
0.110(9.73%) |
Mkt cap ! $79.26M |
Open | High | Low | Value | Volume |
$1.17 | $1.24 | $1.16 | $587.8K | 494.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 80 | $1.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.24 | 2472 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 80 | 1.230 |
1 | 16736 | 1.195 |
1 | 4999 | 1.165 |
1 | 5000 | 1.150 |
1 | 2145 | 1.130 |
Price($) | Vol. | No. |
---|---|---|
1.240 | 2472 | 1 |
1.250 | 6469 | 3 |
1.280 | 20000 | 2 |
1.330 | 3000 | 1 |
1.350 | 3080 | 3 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
VMM (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online