Great news! But sorry to dampen the enthusiasm a bit by specifying that finally VAU is finally starting to see the light at the end of the tunnel !
Let's not forget that RED/VAU has been lagging behind all other producers for months and that this price of 34.5 cents is still far from the approx. 45-48 cents at the time of the merger and the 50-60 cents predicted by the... "experts".
The question remains who is "responsible" for this welcome increase:
1. The algorithms ?
2. The good old charts ?
3. The price of gold ?
4. The speculators who have raked in hundreds of millions of shares for weeks between 28 and 32 cents and who could spread news and then take their profits (this has already been seen!) ?
5. Or real and official good news to be published soon in the Quarterly Report ?
A good indication and the cherry on the cake would be if "Luck" Tonkin reversed his operation of last June where he had sold 5,388,000 shares at 41.9 cents before the publication of the last Quarterly Report and the fall of RED and that he now buys shares of VAU !
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Quarterly Results, page-29
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Last
33.0¢ |
Change
0.015(4.76%) |
Mkt cap ! $2.244B |
Open | High | Low | Value | Volume |
32.0¢ | 33.0¢ | 31.5¢ | $6.072M | 18.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2653318 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.0¢ | 808352 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2653318 | 0.325 |
9 | 797602 | 0.320 |
19 | 1065451 | 0.315 |
17 | 357006 | 0.310 |
16 | 599667 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 808352 | 5 |
0.335 | 1278586 | 15 |
0.340 | 779097 | 9 |
0.345 | 556988 | 7 |
0.350 | 539555 | 10 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
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