Bought a few today to hold leading into the SS seems cheap atm, especially after the E** acquisition today landing them not far from the current valuation VMM has.
Recent CR was executed well and management tick a lot of boxes.
Technicals seem to be lining up well with this also -volume has tapered off significantly as price tightens into the point of this falling wedge.
Price held major support post-CR but rejected breaking back into the main channel, expecting a break of the wedge and another test of main channel in the lead up to the SS; the broader market and commodity pricing willing.
VMM - General Discussion, page-373
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Last
91.0¢ |
Change
0.035(4.00%) |
Mkt cap ! $58.47M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 92.0¢ | 85.5¢ | $263.8K | 293.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25387 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 5069 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VMM (ASX) Chart |