VMM 3.03% 68.0¢ viridis mining and minerals limited

a stock goes down due to mismanagement and he blames it on the...

  1. 10,443 Posts.
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    a stock goes down due to mismanagement and he blames it on the major holders who actually lost money as they were still on the registry when it got suspended. On the other hand he blatantly ignore the major shareholder of Mei who admitted to selling stocks whilst promoting and more importantly made an erroneous 4.8 billion usd inflated valuation in a stock that list 95 percent of its value. Wfe lost 85 percent of its value as well through the actions of its ceo who couldn’t meet the asx requirements of governance - no claim against major holders of anything. However he places a guilt by association. In that case, he doesn’t realize most specs end up with significant losses over time because guess what - they are spec stocks. Further the greatest appreciation is t at initial results because that is where there is the greatest hype and hope. Still if a retail investor blindly invests on who is on the registry without due diligence on the stock fundamentals, then i have no sympathy. If you look at the Vmm holders and look at the registry of their other stocks, they very rarely sell. If they do it will be not because they promote and sell but it’s generally due to change in pathway.
 
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Last
68.0¢
Change
0.020(3.03%)
Mkt cap ! $44.82M
Open High Low Value Volume
67.0¢ 68.0¢ 66.0¢ $9.177K 13.63K

Buyers (Bids)

No. Vol. Price($)
1 8660 68.0¢
 

Sellers (Offers)

Price($) Vol. No.
70.0¢ 3000 1
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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