you work in defence industry, so? Absolutely rubbish

First 9 Last

Share
Profile

Follow
jbb6789

1,036 Posts.

259

12/12/24

22:21

Post #: 77026245
Share

Originally posted by NDF: ↑

This is very serious. I work in Defence Industry. I believe Venetia will now get frozen out of Defence business. There may will be clauses in contracts saying that if legal proceedings are instigated against Venetia the Commonwealth can get out of contracts.
So at $3.3 the loss of Defence business is lets say priced in..
However, beyond this, the damage to the companies reputation across other departments of the Commonwealth will likely be significant..and this is not priced in yet is my view.
I imagine some institutional shareholders will on reflection dump stock. This is a falling knife in my opinion. I think there will be a rump of business definitely worth saving and perhaps it will get absorbed by someone else..so I am a buyer of the stock, but its got to be a bargain and the knife has to be reverberating in the oak floor before i touch this!
This is Chernobyl in my opinion but do your own research, its not investment..or disinvestment advice!

Expand

you work in defence industry, so? Absolutely rubbish

VNT Price at posting: $3.33 Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Index treads water as Energy stocks surge | June 16, 2025

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

ASX Market Open: Hopes turn on Israel-Iran attacks barely rattling crude price | June 17, 2025

RC1

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

First 9 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $4.93		Change 0.030(0.61%)		Mkt cap ! $4.134B

Open	High	Low	Value	Volume
$4.90	$4.97	$4.88	$14.75M	2.997M

Buyers (Bids)

No.	Vol.	Price($)
1	13497	$4.93

Sellers (Offers)

Price($)	Vol.	No.
$4.96	21793	2

View Market Depth

No.	Vol.	Price($)
1	95	5.910
1	1004	5.040
1	1000	5.020
1	398	5.000
3	617	4.900

Price($)	Vol.	No.
4.630	20	1
4.690	4	1
4.890	42	1
4.900	150	1
4.980	2200	1

Last trade - 16.10pm 16/06/2025 (20 minute delay)

VNT (ASX) Chart

you work in defence industry, so? Absolutely rubbish

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Index treads water as Energy stocks surge | June 16, 2025

This stock is crafting a cure for Huntington's – and it's making progress

ASX Market Open: Hopes turn on Israel-Iran attacks barely rattling crude price | June 17, 2025

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

you work in defence industry, so? Absolutely rubbish

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Index treads water as Energy stocks surge | June 16, 2025

This stock is crafting a cure for Huntington's – and it's making progress

ASX Market Open: Hopes turn on Israel-Iran attacks barely rattling crude price | June 17, 2025

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News