Easy, Hydro dec is smoke and mirrors. Only sold 60% of business since they own 40% of UK company. UK company has no track record and minimal assets. Will have to raise cash to commercialise. VTI still needs to fund UK. It is a paper transaction which achieves nothing except for the $1m in cash which is less than the amount B&B will take out of VTI between now and next June 30. Shareholders are starting to see things a bit clearer and with less emotion
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Last
10.5¢ |
Change
-0.020(16.0%) |
Mkt cap ! $5.778M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 10.0¢ | $20.37K | 188.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 761 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 25839 | 1 |
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| Last trade - 15.56pm 19/08/2024 (20 minute delay) ? |
| VTI (ASX) Chart |