I would have preferred a premium too. I just can't muster the energy to get too worked up about it when I got to buy shares @$0.17 a few weeks ago. Right now the five day VWAP is sitting a bit under $0.50 and the one month is about $0.45.
It's all part of the journey of growing from small cap into something much bigger. Now that we are over $100m market cap we are more likely to be of interest to larger institutional investors. With only $137,000 average daily traded (last 30 days) getting a few early adopter institutional stakeholders on board through some strategic capital placements is all par for the course and part of the journey. Lack of liquidity of trading in a stock becomes a barrier to further appreciation of market cap.
Anyway, the share price has gone a bit parabolic of late. A pull back is to be expected. Given I am free carried on about half my holding now I'm not sure I can be bothered trading VMT at the moment. Let your profits run.
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.18M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5874 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 15885 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5874 | 0.120 |
2 | 29672 | 0.115 |
2 | 54272 | 0.110 |
2 | 203257 | 0.105 |
3 | 26500 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 15885 | 2 |
0.130 | 503439 | 3 |
0.135 | 123652 | 3 |
0.140 | 759639 | 4 |
0.145 | 112210 | 3 |
Last trade - 07.00am 10/09/2024 (20 minute delay) ? |
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VMT (ASX) Chart |
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