This is not a stock you trade, this is a stock you buy and hold.
Even if they issued another 200 million shares and raised $40 million at $0.20 it doesn't matter in the long run because the metrics indicate it is a circa $300 million of EARNINGS company in the next 3 - 5 years which would probably equate to a $2.5 - $3 billion company.
So even if there were 500 million shares on issue at $2.5 billion that means the stock would be trading at $5
So picking it up at these levels is a steal.
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Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $58.32M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.5¢ | $13.37K | 58.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 159526 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 92446 | 2 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| VHM (ASX) Chart |