The fact is that when you wait for the numbers to hit you always receive a valuation hit. Thats as simple as what we are seeing with NIU
Companies with clearly communicated and predictable growth strategies trade at higher multiples due to investor confidence ie Afterpay.
Ones that you can't forecast until you get a print trade at low multiples... ie value (shit) stocks...
VMT chooses where it goes on this from here...
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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¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 49672 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 16717 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 49672 | 0.115 |
4 | 120772 | 0.110 |
2 | 203257 | 0.105 |
3 | 26500 | 0.100 |
1 | 15000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 16717 | 2 |
0.130 | 524598 | 3 |
0.135 | 123652 | 3 |
0.140 | 767639 | 5 |
0.145 | 112210 | 3 |
Last trade - 16.12pm 05/09/2024 (20 minute delay) ? |
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VMT (ASX) Chart |
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