Sydney,
It's good you bring up most of the risks and keep things grounded, but you seem to be leaving out a lot of the positives which actually counter some of your points. Those points have been gone over in this forum thousands of times so I won't repeat it.
Secondly, I think you are looking at this from a very technical point of view. There are no fixed rules on how a stock should behave. We had a run up to 57c from speculation, and the report caused the share price to jump to 89c, so I don't see why it should retrace back. That's equivalent of having 2 great announcements back to back.
overvalued, page-17
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Last
38.5¢ |
Change
0.005(1.32%) |
Mkt cap ! $161.1M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.5¢ | 35.5¢ | $127.3K | 339.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6437 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 24147 | 1 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| VYS (ASX) Chart |