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11.8¢ vimy resources limited

Mike Alkin podcast, page-11

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Wainui

1,358 Posts.

15

09/10/18

19:08

Post #: 36056921
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Originally posted by Anton Chigurh ↑

There's two broker research notes out on VMY, with lofty sp targets, way above the current. And yet apparently not worth purchasing on market? The answer is that if you're a Cannacord or PSL, you fill your boots via the next CR and extract your pound of flesh from the corporate fees and discount to vwap and maybe get a few other goodies.

Contrast this with say BMN, who actually rallied into their CR and then crossed out their RCF overhang to Tribeca et.al. Or BOE, who raised at 4c from memory and then managed to get the likes of Paradice onboard at 7c.

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What are their SP targets ?

VMY Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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