As mentioned before, I believe that the market "may be" making a correction due to an unnatural quick climb over a very short period. Looks like some profit-taking, based on the correction, and potentially some fear and uncertainty around the upcoming Escrow driven by current global uncertainties.
The stock itself looks solid, and if they keep turning profits and can manage and lower their COGS ratios per item sale, then the company may have a good 2023 calendar year.
I will watch and see, with interest! It is always good to do a little divesting and take some profits with these stocks, and then find the right top-up time and rebuild if you so wish.
I wish success to all shareholders.
Bell Potter Ratings, page-19
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.58M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 10.5¢ | 9.5¢ | $26.85K | 266.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 75704 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 161382 | 4 |
View Market Depth
| Last trade - 15.37pm 17/06/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.5¢ | 9.9¢ | 60571 | ||
| Last updated 15.37pm 17/06/2024 ? | |||||
| VIT (ASX) Chart |
