Sell down from management wont inspire confidence but it makes sense when they hold like 65% of stock.
with ~$2m in cash they'll need a lot more working capital if they are moving to a build-to-forcast model rather than build to order.
very good move for long term growth imo
Ann: Trading Halt, page-3
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Last
$1.50 |
Change
0.000(0.00%) |
Mkt cap ! $202.9M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.50 | $1.42 | $22.59K | 15.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 399 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| VEE (ASX) Chart |