Too early to say. I remember vividly just last year, I was holding A2M at 60c hoping it would 'do a BAL', it did. It certainly didn't happen over night.
Only day traders would regret buying VIT imho. I have friends who laugh at me because VIT dropped 10% a few days after I top up. I think maybe they see the stock market as the lottery?
I honestly can't see why this share won't go past $3 if VIT confirms the $10mil NPAT in 4 months time. Or in worst case scenario, some profit for FY16 and strong profit in FY17. With those figures and the share price is still at this level, I say instos have gone retarded and investors have gone blind. Yes, I have seen a few cases of those where an instos pull out a few days before SP jump big time.
Adding to the discussion of why VIT is listed in Australia, A2M is also a NZ company. Perhaps they share the same vision of expanding to Australia and reach out to the world.
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Last
8.7¢ |
Change
0.004(4.82%) |
Mkt cap ! $50.10M |
Open | High | Low | Value | Volume |
8.6¢ | 9.0¢ | 8.6¢ | $2.589K | 29.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4769 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 1044 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4769 | 0.087 |
1 | 11599 | 0.086 |
1 | 100 | 0.083 |
1 | 10000 | 0.082 |
2 | 82344 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 1044 | 1 |
0.095 | 18277 | 3 |
0.097 | 7272 | 1 |
0.098 | 98999 | 1 |
0.099 | 194785 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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VIT (ASX) Chart |