I think the possibility of contagion in the worlds 2nd biggest economy and our biggest trading partner is always going to weigh on ASX sentiment, regardless of how related the markets are. People will not be making rational decisions in this environment with all the uncertainty... That's just how I see how the market works.
I've said this before, I think VIT will post $120m - $125m revenue, and $15.5 - $16.5 NPAT. On the top end on a P/E of 20, I see the share price sitting at just below 60c as fair value.
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Last
10.0¢ |
Change
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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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Change
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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 |
