I think people are overthinking this price action.
$3m was raised at $0.95 of whom the holders are now up over a bag. Also many holders have been in well under $1 in only a few months.
Once the price stop running and starts to consolidate people tend to sell off wanting to protect their profits.. this leads to further price reductions and more selling etc...
This will hover around the $2 mark until the next assays at which time the profit takers will be out. I still think $4 is achievable in the short term.
Ann: Viridis Appoints Chief Executive Officer, page-51
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
66.0¢ |
Change
0.040(6.45%) |
Mkt cap ! $43.50M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 67.0¢ | 62.5¢ | $72.45K | 111.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 20493 | 4 |
View Market Depth
| Last trade - 12.49pm 16/08/2024 (20 minute delay) ? |
| VMM (ASX) Chart |