Anyone who's interested in VEE I recommend you watch this today's Webinar (presumedly it'll be online soon). IMO the Webinar provided a far rosier outlook for the Company than what the summary outlook the Company gave in the financial release.
Sharrow sea trials obviously remains a question, to be answered in the next couple of weeks, and there's likely to be an increasing business level in the defence sector, likely with an increased level of relevant announcements over coming months.
And surprisingly the share price doesn't reflect that very positive outlook at all, with ongoing selling around $1.20, presumedly by Perennial. Obviously it provides an opportunity for anyone who believes in the company going forward, at a reasonable price.
At some point that selling will dry up IMO.
Ann: VEEM Reports Strong Profit Growth for 1HFY24, page-5
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Last
$1.73 |
Change
-0.010(0.57%) |
Mkt cap ! $234.8M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.74 | $1.70 | $106.3K | 61.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1490 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 3000 | 2 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| VEE (ASX) Chart |