Better than expected production from Vali, but nothing to really get our hopes up because, invariably with these penny stocks the likelihood of them keeping both wells online for >90% of the time is very small.
There is some light at the end of the tunnel, and I'm hopeful that the issues at Vali are fully priced in, but I certainly don't hold a great deal of optimism that we're looking at a near term profitable business (or at least one that has FCF available to plough into capex).
Better than expected production from Vali, but nothing to really...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.347M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $9.467K | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 21372187 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 9015625 | 16 |
View Market Depth
| Last trade - 15.48pm 18/06/2025 (20 minute delay) ? |
| VEN (ASX) Chart |