I can understand your point of view.
A 6 month chart on ALG, QAN, AIA and VRL all look pretty much the same.
QAN spiked 50% from May to June and now back to May levels. ALG and a heap of other T&T stocks did the same. VRL might have done this too - we've been more flat, constrained by the offer price.
There has never been much volume below $2.00 for VRL.I don't do TA, but feel that's current fair value all things considered. I bought heaps at intra-day low of $0.77 on 19th March after holding for 12 years - thought it was Christmas.
I agree that if BGH dropped out, our SP could drop - doesn't mean that it "should" (fair value and all), just that the sentiment would likely turn bad - "BGH can't make it work at $2.20 / $2.32 / $2.40"
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VRL
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2.2¢

I can understand your point of view.A 6 month chart on ALG, QAN,...
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Last
2.2¢ |
Change
-0.003(12.0%) |
Mkt cap ! $6.147M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.1¢ | $62.21K | 2.593M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 67978 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12000 | 0.022 |
2 | 138718 | 0.021 |
1 | 35000 | 0.020 |
1 | 166666 | 0.018 |
2 | 633003 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 67978 | 2 |
0.025 | 1702391 | 4 |
0.026 | 190000 | 1 |
0.027 | 728496 | 3 |
0.028 | 412720 | 3 |
Last trade - 15.50pm 20/06/2025 (20 minute delay) ? |
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VRL (ASX) Chart |