VKA 0.00% 0.8¢ viking mines limited

Ann: VIKING COMMENCES MRE UPDATE FOR CANEGRASS PROJECT, page-8

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. 517 Posts.
    lightbulb Created with Sketch. 82
    apologies if there is a newer chart than this. As far as I'm aware MRE is planned for December release. Given Viking's cash position the Company won't be approaching the market for money before the MRE is released, so anyone who wants growth exposure has to buy at market. I have a popcorn machine somewhere, but given the growth sector the past 12-24 months it will take a lot for me to get excited/optimistic. I have observed though that every time a few million shares are bought at market, a few million higher up the sell queue disappear. SO it might be the case of a large holder trying to acquire more by stacking the sell queue. It's no mystery to me how tight the register has been at these levels with such good forward economics/cash positioning. Let's hope we're handsomely rewarded for sticking to our guns on this one.
    https://hotcopper.com.au/data/attachments/5650/5650548-77b7319c39227e116e61de70f6b43406.jpg
 
watchlist Created with Sketch. Add VKA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.