IMO, VMS market cap should really be about ~40m, hence it has been holding up really well.
I sold out awhile ago when IO prices took a turn, but it is still devastating that many VMS investors have become delusional ignorance, especially those that kept mentioning about Tin, which has been offset by the decline in iron ore and tungsten prices i.e. referring to their initial DPS.
When circumstances change, one should always revise their original investment assumptions and whether everything still stacks up.
Being a CHN shareholder, I'm glad that this might presents an opportunity for CHN (or maybe both), perhaps can buy them out for the remaining 30%.
IMO, VMS market cap should really be about ~40m, hence it has...
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.21 |
Change
0.020(1.69%) |
Mkt cap ! $460.9M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.21 | $1.19 | $503.8K | 420.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 22648 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 3777 | 2 |
View Market Depth
| Last trade - 10.05am 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.24 |
Change
0.020 ( 4.47 %) |
||||
| Open | High | Low | Volume | ||
| $1.20 | $1.24 | $1.20 | 114814 | ||
| Last updated 10.25am 08/05/2024 ? | |||||
| CHN (ASX) Chart |