I know about dozen people that have invested in this companyin the last 2 months, with a cumulative investment of around $0.5 million. Mostof which is born out of their connection to “Hutchy” and the fear of missingout on the next Forge. I suspect these investors have played a part in the recent increases. Some of those investors are extremely volatile and I expectwill dump the stock on the first sight of bad news, which will be an issue if current volumes aren't maintained. I don’t see value at above 7 cents in the short term.
If you factor in employee equity entitlements andgains on equipment, although encouraging, I wasn’t overly impressed with2019-20 results.
At current price, the directors are going to receiveconsiderable equity entitlements again.
DYOR
Ann: FY20 Results commentary, page-17
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Last
44.5¢ |
Change
0.040(9.88%) |
Mkt cap ! $187.7M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 42.8¢ | $220.6K | 505.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29929 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 339597 | 5 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| VYS (ASX) Chart |