imo this needs to be priced in bargain bin territory.
The negative news was not disclosed before the recent insider sell down and capital raising.
I sold the majority of my holdings when trading opened after the news.
It may still be a good long term investment, but much higher risk and lower short term earnings now.
Ann: Managing Director's AGM Address to Shareholders, page-13
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Last
$1.70 |
Change
-0.040(2.30%) |
Mkt cap ! $230.8M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.74 | $1.67 | $16.65K | 9.825K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 4979 | 1 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| VEE (ASX) Chart |