It has been quite a while - the last announcement by VMT (aside from announcing the issuance of performance rights) was on 06/12/22. Not surprising that the share price is drifting and the volume/interest is so subdued (image 1).
Somewhere on the forums someone was unsuccessfully trying to compare VMT with multi-billion dollar companies listed on different markets - made no sense to me. What I find interesting with the big listed companies is, that they are extremely focussed on their share price and shareholder returns, and are absolutely held to account. Hence, with idle cash - if it can’t be used in a reasonable time it used for buybacks (image 2).
It has been quite a while - the last announcement by VMT (aside...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.54M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 13.5¢ | $14.60K | 102.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 321861 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 881583 | 7 |
View Market Depth
| Last trade - 15.31pm 18/06/2024 (20 minute delay) ? |
| VMT (ASX) Chart |