Bandalup
I'm confident it will be positive. Using a trading halt in this type of situation is a no-no for negative news, as all it has done is built more hype into the stock and lifted expectations. VMS has been one of the most posted stocks on HC the last few days. As such, negative news would lead to a short term price crash. Company directors would be well aware of how MOX played out so they will have a corporate strategy in mind for marketing the "discovery" (assuming). I also know they monitor sites like this to get a feel on what investors are thinking.
I can't see how a poor first hole could so greatly effect the prospectivity of the project either. We are talking about a 4km by 12km anomaly to be tested, so despite their best efforts, the first hole could always provide little to no encouragement. Still leaves a massive area for mineralisation to be found. Short term, the share price would come back, but it could still fly further down the track.
Anyways, I'm ready for positive news first thing tomorrow.
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $111.0K | 6.162M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 7999876 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1680469 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 7899876 | 0.018 |
28 | 9961241 | 0.017 |
9 | 2287500 | 0.016 |
7 | 1792699 | 0.015 |
2 | 700000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1680469 | 4 |
0.020 | 2047389 | 4 |
0.021 | 609000 | 4 |
0.022 | 1874620 | 6 |
0.023 | 2157668 | 8 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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VMS (ASX) Chart |