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
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $69.00M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $26.59K | 167.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42893 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 7910 | 1 |
View Market Depth
| Last trade - 15.52pm 07/06/2024 (20 minute delay) ? |
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Last
15.5¢ |
Change
0.010 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 16.5¢ | 16.5¢ | 15.5¢ | 23339 | ||
| Last updated 14.03pm 07/06/2024 ? | |||||
| VMT (ASX) Chart |