You don't seem to understand that vmm has fallen a lot more compared to mei.
1 july 2024: vmm = 1.23, mei = 16c. Ratio is 7.7:1
today: vmm = 48.5c, mei = 12.5c. Ratio is 3.9:1
or in even more simpler terms, vmm has fallen 60% while mei has only fallen 21% this financial year.
why has vmm underperformed vs mei? I suggest a big reason for that is ixr selling off its 2.4m shares in vmm in September and October.
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $112.7M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $73.77K | 3.837M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 24378657 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 4683535 | 15 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| IXR (ASX) Chart |