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
I know about dozen people that have invested in this companyin...
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $156.9M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 36.0¢ | $64.41K | 175.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 149942 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 49287 | 2 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| VYS (ASX) Chart |