Hi All,
The performance of Vimy is very puzzling to put it bluntly.
I am starting to think that the perception in the market is that Vimy might not have the class of management that others have.
Vimy is seldom spoken up in the various discussions regarding which companies are a potential good investment. ( At least that's the way i am seeing it at present. Even after all the good news over the last few months).
In addition to that, the lack of cash is a real problem as the Uranium price recovery seems to be taking a lot longer than expected.
Heavy cash burn is keeping investors looking in other directions in my view. Next CR could be bad news for share price.
Confidence is low here in my view.
It's the old story - Good management inspires confidence.
Although things are not looking good at the moment my stock is in the bottom draw & will stay there.
My energy is now focusing on other more inspiring companies. Was hoping for better results but that's life.
Add to My Watchlist
What is My Watchlist?