Nice ann, also re-read the 21 Feb 2018 announcement, I like the news, market seems to agree, from TA perspective a great day.
With 752.800 traded shares the highest volume since October, to give an impression, current 30 day average trading volume for VMC is 44.400 shares. Big volume at 16.5 cents, I am guessing a cr participant who's happy with a 10% ROI....
Based on the strong weekly close we can expect a re-test of 23 cents. Oppies have lost some time value since previous high, but from last close of 2.1 cents a bag can easily be made.
Of course the share market can be unpredictable, but based on TA and news of Degrussa and/or Bell Chambers in the coming weeks the odds of moving north are in our favour... Finally...
Cheers
VMC Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
