VMT 3.70% 14.0¢ vmoto limited

Gottalovevmt Wow, I had no idea it's been around for that long....

  1. 4,382 Posts.
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    Gottalovevmt

    Wow, I had no idea it's been around for that long. You obviously know it inside out.

    In my case, I am essentially a trader and not an investor, so I trade within ranges using all sorts of 'tools' that tell me when to buy or sell.

    I know that I will never have the inside track...I call it an asymmetric trading scenario so I can only go by what I see objectively on my 'control panel' and not by what I think it should b...although granted I can be outspoken about the latter because I only trade companies that I believe have solid fundamentals and represent value at that point in time.

    Looking at how VMT has reacted to the announcement ie. been progressively trading down since what was very sexy numbers...then I would not buy in more at this stage because of the 'falling knife' effect. I'll be looking for it to turn at around 4.3 and if it does will buy in more straight away to ride it to 6c+...and then reassess again.

    the zig zag line is longer than the straight one....
 
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Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $58.54M
Open High Low Value Volume
12.0¢ 14.0¢ 12.0¢ $8.165K 61.4K

Buyers (Bids)

No. Vol. Price($)
3 35627 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 620570 5
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Last trade - 14.31pm 16/08/2024 (20 minute delay) ?
VMT (ASX) Chart
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