Arion, there is being optimistic (which I am) but there is also being a realist. I'd love to know how much money was lost with punters buying in the 40c bracket based on Bruce's "offtakes before xmas" comment. I would suggest, quite a lot. Then there are the timelines - enough said on those.
So good management is about being realistic and providing forecasts based largely on fact (the past) plus having a good grasp on whats coming up. Unfortunately I think VRX's forecasts come from the same stable as Tim Flannery's - you know, the guy that, a few years ago said, "even the rain that falls isn’t actually going to fill our dams and our river systems, and that’s a real worry for the people in the bush". mmmmmmm - got that one right. NOT! I think he aso said that it won't rain again in NSW after our last drought but I stand corrected on that one.
Maybe Bruce has Tim on speed dial for forecasts.
IMHO
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $18.84M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.0¢ | $2.77K | 92.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 434666 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 24678 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 434666 | 0.030 |
3 | 231034 | 0.029 |
1 | 100000 | 0.028 |
2 | 160000 | 0.027 |
1 | 300000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 24678 | 1 |
0.032 | 194896 | 1 |
0.033 | 16193 | 1 |
0.036 | 286529 | 1 |
0.037 | 106412 | 2 |
Last trade - 11.21am 19/08/2024 (20 minute delay) ? |
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