With the recent movements post the announcement it's worth reviewing the previous 5year chart/volume for context.
Yes we have seen some positive price action over the past few days, however it's pretty insignificant considering what we've seen previously and the huge derisking of this transaction.
I believe once liquidity returns to the market we will see a significant rerate so am not selling anything.
Ann: Vinyl Group to acquire Brag Media for $8M via $11M facility, page-25
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 (20min delay)
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Last
10.0¢ |
Change
-0.015(13.0%) |
Mkt cap ! $83.92M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $50.93K | 477.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 402676 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 394825 | 2 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.015 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.0¢ | 142344 | ||
| Last updated 15.56pm 30/05/2024 ? | |||||
| VNL (ASX) Chart |