Helpful post, thanks.
I raised some concerns about the order book last month. Ended up taking a small position anyway, rock solid balance sheet and the market seemed to have already priced in a poor quarter based on the order book down 30% YoY.
Now, unfortunately for us, the order book is at 3-year lows. I prefer to average up if it accelerates rather than taking a punt they can regain momentum. I got severely burnt on other investments averaging down when fundamentals were going the wrong way.
Tax-loss selling around the corner, VMT at 12-month lows would be a good candidate... Could be more pressure short term.
Nonetheless, pleased to rejoin the register. Think the business is likely to be much bigger and profitable in 5 years than it is today. Very happy to average up if it becomes more obvious...
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Helpful post, thanks.I raised some concerns about the order book...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.70M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $4.038K | 29.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 0.135 |
4 | 100123 | 0.130 |
1 | 20190 | 0.125 |
4 | 107937 | 0.120 |
9 | 253784 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 50000 | 1 |
0.145 | 53841 | 1 |
0.150 | 120024 | 4 |
0.155 | 21896 | 2 |
0.160 | 7000 | 1 |
Last trade - 10.10am 21/05/2024 (20 minute delay) ? |
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VMT (ASX) Chart |