@mondyinvest I'm not after who's right or whose wrong. Personally, these type of SP movements doesn't surprise me at all as these should be expected for small caps. I'm also under no illusion that this will never happen nor this will be the last one either. Comes with the territory when investing in non-blue chip companies.
However, for your satisfaction and arguments sake, depending on whose point of view and based on that information alone (also after the fact), you maybe right.
But that doesn't paint the whole picture and you can't solely attribute it to those observations alone. There are other variables and factors that need to be considered as well leading to the drop in SP to date.
I don't spend time rationalising the stock market movement as no one can do this with accuracy and absolute uncertainty. Futile exercise imv. Hence, i choose to "invest" and not trade.
I view this company as a start-up and very much aware that it is going to be bumpy ride. The company may or may not succeed but based on available public information and results of my analysis (not based on market sentiments/sp) and risk appetite, the risk is worth taking for.
What prompt me to reply this time around is the timing and repetitive nature of the need to constantly share your strong view on stocks you don't even hold (First post CR when the company sentiments is down and now when the overall market sentiment is still down) and the content of your recent post insinuating that the company (after qualifying that perfectly legitimate) is classic pump and dump and that may also be up to no good ie. "essentially hired a company to promote their stock overseas, presumably because they can't find anymore "punters"on ASX to drive it up"
Contrarian view should always be welcome as long as it is objective and supported by factual evidence. The manner how these are presented including the timing also matters imv.
I also understand that this is a public stock discussion forum but more often than not what get lost and left out is the intention behind every post.
I don't want to speculate but if you could somewhat provide insights on what the intentions are and objectives of these posts that would be much appreciated.
PS. I didn't make any assertions that you are hiding something or reason why i posted those tweets is to have a go at the poster. In fact, the reason why i share the content is for transparency ie. it appears you have been monitoring VR1 for quite sometime now and have a strong and passionate view about it despite watching from a distance. You just didn't come out of the blue and that You know what you are talking about.
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@mondyinvest I'm not after who's right or whose wrong....
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $30.51M |
Open | High | Low | Value | Volume |
2.2¢ | 2.4¢ | 2.2¢ | $205.6K | 9.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3090447 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 1620616 | 8 |
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No. | Vol. | Price($) |
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9 | 3090447 | 0.023 |
11 | 4072370 | 0.022 |
4 | 3557500 | 0.021 |
7 | 3645000 | 0.020 |
11 | 2990031 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 1620616 | 8 |
0.025 | 1442650 | 8 |
0.026 | 255000 | 3 |
0.027 | 507006 | 4 |
0.028 | 320500 | 3 |
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