Don't forget the market is short sighted. These past two months everyone's been focused on the ex-director's options. There's only been one brief mention of drilling on these forums. And that wasn't even related to their potential results.
Given all of the unusual capping and trading patterns ongoing, which has reflected accumulation, I doubt the institutional investors have forgotten. They spent $43m to pick up shares at 6.5c each. They saw the value. Peloton values VML at 18c per share. I doubt numerous senior resource analysts are clueless regarding what's potentially in the ground.
Don't forget the market is short sighted. These past two months...
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $2.649K | 920.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 94 | 88821773 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 38193343 | 45 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| VML (ASX) Chart |