VMC
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1.35% 7.3¢ venus metals corporation limited

Venus holds may well be better by offloading VMC and building...

  1. m0ngy
    10,075 Posts.
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    08/07/23
    16:10
    Post #: 68687327
    Venus holds may well be better by offloading VMC and building their Rox stake.
    VMC is well priced for its projects, all of which are vey high risk imo and overvalued at $28m.
    It's best asset is its large Rox holding.
    But Venus has not yet suffered the setback on the latest killing results at Youanmi which saw RXL fall about 12%
    Venus should fall back to about 11 cps soon imo.

    https://hotcopper.com.au/data/attachments/5411/5411351-d6690f1dc96c8448f6a3001513fa7e1c.jpg
    VMC Price at posting: 15.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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7.3¢ 		Change
-0.001(1.35%) 		Mkt cap ! $13.85M
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7.3¢ 7.3¢ 7.3¢ $500 6.849K

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