The fund have outflow problem. They have to liquidit some of their assets. They sold bmn at the same time. Selling was nothing specific on vmy. If it is not them we can not get the shares at this low. The company is still the company one years ago except higher uranium price. As we all know those who benefit most from uranium increase are bmn and vmy which are close to development and with large deposit. Also due to the hgih construction cost they were dropping most during bad time. Now it's their show time during uranium recovery.
VMY Price at posting:
9.4¢ Sentiment: Hold Disclosure: Held
