VMM 5.21% $1.52 viridis mining and minerals limited

the key with any stock is to analyze the stock - be it...

  1. 10,084 Posts.
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    the key with any stock is to analyze the stock - be it fundamentals or technical analysis. Anyone that invests due to other reasons such as :
    1. celebrity or prominent investors
    2. Recommendations on social media
    3. Recommendations by someo

    only deserves the pain if they lose. Spec sector will always have a high degree of failures and hence investors that are in such stocks tend to have a very low success rate.

    Hence, the golden rule is that if one invests based on the companies goals and investors aligning based on personal knowledge, then it should never be an issue as one can detect the red flags when the company deviates. WFE was u fortunate as us holders - I lost 400 k - could not exit due to the suspension and the inability for the asx to be satisfied that all aspects of governance was kosher. This is where Brewer failed. The concept was fine - the execution was more the African way than Oz.
    now let’s explore VMM - can anyone query the progress of VMM. I think VMM has over achieved and has progress has been phenomenal - now one can judge a company only based on it’s progress.
    now does this mean VMM is guaranteed success? It’s still in the exploration and scoping phase and metrics if a high probability will only be achieved th a BFS/DFS. This will take time and any expectation that is matched will be rewarded. Any failure will be punished. That’s how the market works.
    Would I invest in anything Brewer manages? No.
    would I invest in anything 62 cap promotes - I’ll assess the projects and then decide, fully being aware that I’m aim a sectors that is the casino of the asx.
    all the best to holders. We have some catching up to do to the ATH. Let’s hope mre and future Mets meet expectations and is the catalyst for the sp to progress.
    classical retracement today to upper band of the uptrend. Will we close the gap or consolidate before moving up again.
 
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Last
$1.52
Change
0.075(5.21%)
Mkt cap ! $95.63M
Open High Low Value Volume
$1.45 $1.54 $1.44 $1.466M 978.2K

Buyers (Bids)

No. Vol. Price($)
1 662 $1.51
 

Sellers (Offers)

Price($) Vol. No.
$1.52 4527 3
View Market Depth
Last trade - 15.46pm 07/05/2024 (20 minute delay) ?
Last
$1.51
  Change
0.075 ( 4.68 %)
Open High Low Volume
$1.44 $1.53 $1.44 216212
Last updated 15.59pm 07/05/2024 ?
VMM (ASX) Chart
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