Lack of liquidity:
Someone needs $5,766 and has to knock the market cap down $6.4m to bank it.
Ouch! LOL is in its most share price distructive form when it is playing for the buy side.
Just imagine what would happen if someone decided to buy with a bit of enthusiasm or we have an amazing half year, Putin perishes, Gaza is resolved, interest rates drop and VMT gets a Guernsey in the All Ordinaries Index reshuffle in March and the funds that spread their investment over the index have to buy their quota.
Lack Of Liquidity playing for the sell side will fun to watch.
General Discussion, page-2237
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Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $5.729K | 47.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 346019 | 2 |
View Market Depth
| Last trade - 15.33pm 15/10/2024 (20 minute delay) ? |
| VMT (ASX) Chart |