Not good news yet!
Still highly skeptical of our relationship with SOCO and the absolute silence on this subject from management, it would be such an easy positive for management to be selling the benefits of this "partnership" and the company would be able to raise any needed expansion capital at multiples of the share-price we see now, yet they don't do it.
Why not?
My experience tells me there is nothing positive to sell as I've never seen a microcap like VMT not release any positive news the moment it exists, it only tends to be the negatives they wait for several months to announce.
I may be wrong and still value this as a buy at these prices, if it is like people are assuming here this will 10 bag from here within 5 years, although my expectation is they are not and whilst still being beneficial our partnership with SOCO will not bring the value some are expecting, my realistic expectation is 3-5 times the price in 5 years, that would be time to sell.
Not good news yet!Still highly skeptical of our relationship...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $16.87K | 140.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101173 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 529397 | 3 |
View Market Depth
| Last trade - 14.43pm 30/08/2024 (20 minute delay) ? |
| VMT (ASX) Chart |