hmmmm not sure that logic holds. the sp is the perceived value by committee (i.e the market). it is rarely ever an accurate valuation but a metric to input into models to determine if it's over or under and then balanced against future plans. if I thought a company was valued appropriately what would be the point of buying it as there would be no growth.
in short, the market is the stupidest short term valuing machine in existence.
was the last little run a pump and dump? hmmmm maybe but it looked more like a controlled knee capping... noting we are now back on timelines so we know exactly when events will occur... we have 6 weeks of nothing ahead of us....but tomato potato I guess as the result is the same. difference being intent...if future news is positive with the newly refreshed register at 14c vwap, 20c is an easy next target on positive news. if someone is offloading, they are doing it in a very odd way imo and we haven't had any changes in subtmstantive holders.. infact sparta is still buying... go figure.
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.47M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.1¢ | $775 | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 426666 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 426666 | 0.030 |
2 | 200000 | 0.029 |
1 | 100000 | 0.028 |
2 | 160000 | 0.027 |
1 | 300000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 25000 | 1 |
0.032 | 194896 | 1 |
0.033 | 16193 | 1 |
0.034 | 12900 | 1 |
0.036 | 286529 | 1 |
Last trade - 11.32am 16/08/2024 (20 minute delay) ? |
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VRX (ASX) Chart |