Looking at value, although not as popular as some of the bigger brands, VIT is very good value at these prices. I believe it is worth at least $1.60. If Musashi integration benefits are realised, which I believe so, as has been confirmed by VIT, this will add NPAT ~$3m per year. If it can otherwise grow NPAT by 10% per year (~$1.5m) in 2017, I believe it will trade above $1.60.
Technically, there is support in mid 1.40s, so barring any new bad news, appears to be value short and medium term at this price.
Ann: Investor Presentation-VIT.AX, page-41
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Last
10.5¢ |
Change
0.015(16.7%) |
Mkt cap ! $55.85M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 11.0¢ | 9.2¢ | $143.5K | 1.436M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 239691 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 292152 | 3 |
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| Last trade - 12.46pm 17/10/2024 (20 minute delay) ? |
| VIT (ASX) Chart |