I don’t trade but I think I just worked it out what you mean.
Yesterday, pre-market VMS announced it is in production and there was a lot of people who bought at 9.7c and the Day Traders bought at 9.7c expecting VMS to increase.
Then out of nowhere, Iron Ore price got belted overnight so they had to sell VMS pre-market at 9.3c and then lower during the day to get out due to T2 reasons.
Yikes.
VMS Price should be steady next week especially with Iron Ore futures up.
I don’t trade but I think I just worked it out what you...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $111.0K | 6.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 7999876 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1680469 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |