The volume sold in the last 2 days has been 5.2m - on an outstanding share base of 500m - ie about 1% - which is not too bad IMO considering the CEO has left. The extent of the price drop is really due to a lack of buy order depth - which is not unusual for this stock.
The selling will probably continue for a while - and many buyers will probably hold off until the operational review is completed. I expect volatility for a while.
Current prices could prove to be an absolute bargain - as was the 4c level during the GFC - but I understand if many perceive it as too risky until we hear more.
sents
this is an oversold joke.., page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49189 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 77344 | 4 |
View Market Depth
| Last trade - 07.08am 29/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |
Day chart unavailable