Tuesday, March 30, 2010

Vena Resources (VEM.to): A good day in Germany

Whatever's going on in Germany around Vena Resources (VEM.to) (V1R.f) this morning, it's sure making the stock move:


That's over 900k shares traded and a 15% upmove in the first couple of hours. Very nice to see some good volume and price movement in the stock. Right now it's trading at €0.25, which is U$0.337 and CAD$0.343 at today's forex.

VEM.to closed in Canada yesterday at CAD$0.285, so there's a bit of upside in the offing here. DYODD.

UPDATE: make that 1.1m shares traded, because Vena stock is trading chunks in other city bourses, such as 130k in Stuttgart. Here's a link to an overview.