I agree with all your points, except the cash backing.
The cash backing is really just a temporary illusion, until they burn that cash.
So investors are rightly paying it absolutely no value.
If the company wasn’t burning as much cash, the market cap would instantly double.
You are right, this is deep value and it could have a decent future and may turn around very soon.
But the market is giving clear signals that it wants the cash burn to stop.
The risk is the value gets so low, a competitor makes a cheap takeover and it gets accepted!!
- Forums
- ASX - By Stock
- VTI
- Menicon Bloom Day European wide launch
Menicon Bloom Day European wide launch, page-32
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VTI (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $7.705M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $33.08K | 236.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27280 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 53763 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27280 | 0.110 |
1 | 9523 | 0.105 |
3 | 109703 | 0.100 |
1 | 10526 | 0.095 |
1 | 10000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 53763 | 2 |
0.160 | 86439 | 3 |
0.190 | 5253 | 1 |
0.200 | 143 | 1 |
0.000 | 0 | 0 |
Last trade - 15.57pm 30/05/2024 (20 minute delay) ? |
|
|||||
Last
14.0¢ |
  |
Change
0.010 ( 12.0 %) |
|||
Open | High | Low | Volume | ||
14.5¢ | 14.5¢ | 14.0¢ | 9472 | ||
Last updated 14.29pm 30/05/2024 ? |
Featured News
VTI (ASX) Chart |
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin & Ramón Jiménez Serrano, Managing Director & Executive Director
Ryan Parkin & Ramón Jiménez Serrano
Managing Director & Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online