Ms Malaky Kazem could have focused on a very small picture and lost her blouse by spitting the Dummy and smashing the price down to a few cents by dumping her 14m shares instead of remaining positive about the big picture and buying another 8m.
The lady is obviously a very successful investor with very deep pockets.
Seems she is focused on the underlying fundamentals and the potential for growth in earnings when making investment decisions.
I'm inclined to think the thing she would have in common with Warren Buffet is she wouldn't buy all the Crypto in the world even it it was offered to her for $50. As Warren points out something that doesn't earn anything is worth nothing and the market will eventually get the valuation right..
VMT is now funded to be able to supply 300,000 units PA and if it can do that and maintain margins it would throw off a NPAT of circa $150m. A market cap of $45m seems like a bit of a mismatch.. The market will eventually get the valuation right.
Be great to have spare cash to dump into a lobster pot for a couple of years when opportunities like this rights issue pop up.
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.70M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $4.255K | 31.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 73394 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 73394 | 0.135 |
4 | 100123 | 0.130 |
4 | 107937 | 0.120 |
9 | 253784 | 0.115 |
3 | 160000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 77027 | 2 |
0.150 | 120024 | 4 |
0.155 | 21896 | 2 |
0.160 | 7000 | 1 |
0.170 | 4423 | 1 |
Last trade - 14.42pm 21/05/2024 (20 minute delay) ? |
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