VTI 5.88% 16.0¢ visioneering technologies inc.

A big week for VTI and long-term holders, and overall I think...

  1. 229 Posts.
    lightbulb Created with Sketch. 286
    A big week for VTI and long-term holders, and overall I think it's been a great outcome. Some summary observations:
    1. Strong support from the 2 main institutional investors. Thorney will end up with north of 44% of VTI, at an average price of about 0.65c.
    2. All non-Exec Directors will have reasonable stakes in VTI, with over a million shares held by these individuals in total (add to about 1.4 Million held by the two main employees, Lane and Tuan) - so about 4% of VTI in total will be held by key individuals
    3. No debt after conversion of notes
    4. Results have matched the main competitor Misight in year 1 of the RCT, and are expected to exceed Misight performance in the next 12 months based on part real-world data.
    5. RCT results should make an impact on ECP willingness to prescribe Naturalvue to customers

    Gives me a lot of confidence to consider taking up a full allocation under the 5 for 9 issue, particularly with the new CEO in place.

    Unsure if the cash will be enough - really depends on the kick from the RCT results I guess.
 
watchlist Created with Sketch. Add VTI (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
-0.010(5.88%)
Mkt cap ! $8.806M
Open High Low Value Volume
16.0¢ 16.0¢ 16.0¢ $5.471K 34.19K

Buyers (Bids)

No. Vol. Price($)
1 8000 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 6066 1
View Market Depth
Last trade - 15.59pm 04/06/2024 (20 minute delay) ?
VTI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.