I like their acquisition strategy. Perhaps a debt to equity...

  1. 291 Posts.
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    I like their acquisition strategy. Perhaps a debt to equity target would be ok. But debt to equity is already at a normal level.

    From 2019 to 2022 revenue has increased 289%. They have also achieved net profit in this period. EPS is growing. Debt to equity ratio is at 1.49. This is a reasonable debt to equity ratio and very common for ASX listed companies. Not sure what else we can ask for.

    Unfortunately there was a company promoting/pumping VN8 in 2020/2021. The share price went crazy and has now returned to fair value. Not sure if we can blame management for inexperienced investors who don't understand how to value a company and listen to investment advice they read on the internet.
 
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(20min delay)
Last
3.6¢
Change
0.001(1.43%)
Mkt cap ! $26.71M
Open High Low Value Volume
3.5¢ 3.6¢ 3.5¢ $177 5.011K

Buyers (Bids)

No. Vol. Price($)
6 6526609 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 1106461 6
View Market Depth
Last trade - 14.02pm 30/07/2025 (20 minute delay) ?
VN8 (ASX) Chart
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