I agree when the debt is paid off then price will be different but investing in stable company far superior method to invest then gambling on future prospect in my opinion.
Don't get me wrong i traded this stock multiple times sometime at loss and then at profit but company as it is significantly high risk and i have noticed this pattern of creating resistance by someone but only to see price breaks even below that. it may not happen this time as i don't what future holds but what worries me more is any capital raise at this price will be highly dilutive (if happens).
I agree when the debt is paid off then price will be different...
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Last
3.7¢ |
Change
-0.001(1.35%) |
Mkt cap ! $13.20M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.6¢ | $1.369K | 37.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 13405705 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 2089402 | 6 |
View Market Depth
| Last trade - 15.14pm 30/08/2024 (20 minute delay) ? |
| VN8 (ASX) Chart |