VMY 0.00% 19.0¢ vimy resources limited

Crazy world and price action today. And this is the very reason...

  1. 4,502 Posts.
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    Crazy world and price action today. And this is the very reason opportunities always create themselves for savvy and longer term investors.

    We have clear communications from another company that offered an opportunistic bid of 30+ c. And which in some ways should have bottom pegged the valuation thereby providing room for further upside potential and the price retreats. Some are just impatient or maybe thought this company was in play “now”.

    Load up under 27c. And come back in one year (if we have not been taken out or merged) and see what the SP is. High probability it is much much higher.
 
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Currently unlisted public company.

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