I suspect that a pandemic and a war in Eastern Europe has had more to do with the slide in VMT's SP though @HarkenBanks.
We all tend to look at the companies activities in isolation to world events.
VMT, like many companies, were enjoying some stellar SP's in 2021 - imagine if the world events had not happened - and where VMT would be now.
Some things are out of any company's control - or any chairman.
VMT will need to build its business up - increasing sales and production. It needs to do that even more rapidly than it has been doing - and its needs the world situation to improve as well to help it achieve future growth. Most of all, it needs to use time as a measure for that growth. That growth needs to be fairly brisk. ASX investors will look on a $300mil company much more enthusiastically than one of around $120mil. Continued growth becomes self perpetuating.
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13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.45M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $4.104K | 30.39K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 52192 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 71489 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 52192 | 0.130 |
2 | 64000 | 0.125 |
2 | 7471 | 0.120 |
1 | 34652 | 0.115 |
1 | 8257 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 71489 | 1 |
0.140 | 23019 | 2 |
0.145 | 77344 | 4 |
0.150 | 363799 | 3 |
0.155 | 58432 | 1 |
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