VIT

5.10%

9.3¢ vitura health limited

Ann: VIT enters into Scheme Implementation Deed-VIT.AX, page-211

First 211 Last

Share
Profile

Follow
Andrewjackson

455 Posts.

55

15/08/16

01:13

Post #: 18515746
Share

Originally posted by patienceisking ↑

broker data for 3 days after announcement:

as you can see, big boys were dumping, and mums and dads were accumulating

the result indicates that instos do not have good confidence in the price will go higher in the short future, and retailers have the opposite view.

imo I actually think there's a good chance to have a "No" outcome now, VIT management only hold very small % of shares issued - the majority is held in instos and retailers' hands, and from what we can probably guessed, half of these shareholders may still lose money @ 2.25, therefore, the chance of a No answer is quite possible, and after all, the chance of FIRB saying No is also considerable.

The fact is, we will not get the final outcome by Dec or early next year, my prediction for recent share price is, due to the long waiting window and uncertainties, the sp will fall gradually to sub 2.0 or maybe even 1.8 in the next couple of months, because if the answer is no, it makes sense for it to return to the sp it was before.

Therefore for these who bought in significantly below the current price including myself, I think the wise thing to do is to take the profit and sell now, we have enough time to observe the market reaction and return at any time. imo under the current circumstances I don't see any reason sp would improve in the near future, possibly even when FY17 result releases on 31 Aug.

And please don't get me wrong, I believe the company is performing well and has a good future, my view above only applies to the next couple of months.

Expand

nice story mate hopefully all people sell and the SP is tanking after reading this ..im waiting

VIT Price at posting: $2.12 Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

ASX Market Open: ASX200 to rise for Friday session | July 26

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

There are more pages in this discussion • 6 more messages in this thread...

First 211 Last

Add VIT (ASX) to my watchlist

(20min delay)
Last 9.3¢		Change -0.005(5.10%)		Mkt cap ! $53.55M

Open	High	Low	Value	Volume
10.0¢	10.5¢	9.2¢	$89.49K	912.5K

Buyers (Bids)

No.	Vol.	Price($)
2	34999	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	58242	1

View Market Depth

No.	Vol.	Price($)
2	34999	0.093
1	4079	0.092
1	66999	0.091
3	21587	0.090
1	33707	0.089

Price($)	Vol.	No.
0.098	58242	1
0.105	39780	4
0.110	17255	2
0.115	55500	1
0.120	40000	2

Last trade - 16.10pm 26/07/2024 (20 minute delay)

VIT (ASX) Chart

Ann: VIT enters into Scheme Implementation Deed-VIT.AX, page-211

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

ASX Market Open: ASX200 to rise for Friday session | July 26

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: VIT enters into Scheme Implementation Deed-VIT.AX, page-211

Top Stories

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

ASX Market Open: ASX200 to rise for Friday session | July 26

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News