On the TA front, VIT back to re-test support - break this and low 20s incoming.The FA conundrum is that FY23 results will look good but is it deceiving?When your established competitors (EBO, API, SIG) are operating at 10% Gross Margin to VITs >30% then they're going to come for your lunch.At an annualised cost base of $20m (VIT had $10m below the line expenses for HY) it means $100m revenue is actually loss-making at 10% GM.GM at 10% requires revenue of $200m to B/E.So is it a value trap?
Ann: Vitura Health joining S&P/ASX All Ordinaries Index, page-92
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Last
10.0¢ |
Change
0.005(5.26%) |
Mkt cap ! $57.58M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.0¢ | 9.6¢ | $13.41K | 134.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 70305 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 8947 | 1 |
View Market Depth
| Last trade - 15.42pm 14/06/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
0.005 ( 4.06 %) |
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| Open | High | Low | Volume | ||
| 9.7¢ | 10.0¢ | 9.7¢ | 34361 | ||
| Last updated 13.13pm 14/06/2024 ? | |||||
| VIT (ASX) Chart |