Yes, there is no shortage of examples on the ASX, of companies that have burned huge amounts of shareholders' funds during the history. This includes most mining stocks, tech stocks, and bio-med stocks for starters.
It is only what they are doing now, and their forward prospects, that need be of interest to investors. VMT is a rare example of a turn-around success story.
Strategic Matrix, page-66
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.70M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $4.038K | 29.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 50000 | 1 |
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| Last trade - 10.10am 21/05/2024 (20 minute delay) ? |
| VMT (ASX) Chart |