Interesting to see the relationship between the price action and what Geoff places weight on. He notes the criticality of having product accepted by clients which was achieved on 31 May with formal acceptance by REETEC, and the inherent analytical and contractual complexity associated with that process. That presents itself to me as a pitfall for any small time producer, or any pure mining player. The SP was 5.9c on that date and has fallen sharply since then only to clamber back over the last fortnight. It seems as if catalyst's are somewhat inversed (notwithstanding the general INSTO/WhaleBOT accumulation thesis) or at least they are being accorded disproportionate weighting by SH. There is something to be said for how the market views this company. Geoff says it himself:
"So the way that we view Rare Earth production is... its not mining. We're supplying specialist products into a technology business and that's a very different way to view things. We're not just pulling a commodity out of the ground. We are enabling the technology of the future."
This is not a Mining Company. As for me, I like the Stock.
- Forums
- ASX - By Stock
- VML
- VML General Comments - Chat
VML General Comments - Chat, page-3760
-
- There are more pages in this discussion • 4,707 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VML (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $2.177K | 1.088M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
81 | 91864143 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 22790093 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
81 | 91864143 | 0.002 |
26 | 106528050 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 22790093 | 27 |
0.004 | 24027294 | 39 |
0.005 | 8552932 | 22 |
0.006 | 12402465 | 12 |
0.007 | 2803896 | 5 |
Last trade - 15.42pm 05/09/2024 (20 minute delay) ? |
Featured News
VML (ASX) Chart |