VMY
Click for more information
2.08% 11.8¢ vimy resources limited

I have to tell a very unpopular view hereLong term AUD will...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. nsw004
    2,125 Posts.
    lightbulb Created with Sketch. 212
    clock Created with Sketch.
    15/08/18
    12:25
    Post #: 34950633

    I have to tell a very unpopular view here
    Long term AUD will rally tremendously against USD over next 5/6 years. The LT charts call for that to happen.
    Australia is probably the best commodity producing country with good laws and structures and we are in the beginning of a multi year commodity upcycle which will last upto 2025/26.

    So the currency ratio will make it attractive for all the USA guys also to come back to VMY. Just needs patience thats all.
    VMY Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add VMY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.