Is liquidity a factor with VNL?
Doing some rough calcs on our restricted holders:
Approx: RW 34% / Songtradr 19.95% / Josh 2.71% / Paul W 2.69% / Ken G 1.64%
Thats approx. 60% tied up in 'connected parties' with trading restrictions.
Running some numbers based on the last set of financials, the t20 holds >70%
Assuming the next funding round is placed with like-minded investors who see significant upside, we should see VNL continue to rerate from a lack of supply alone.
Vinyl Group growth, page-79
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $100.7M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 12.0¢ | $26.16K | 218K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 137000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 110198 | 2 |
View Market Depth
| Last trade - 13.34pm 24/05/2024 (20 minute delay) ? |
| VNL (ASX) Chart |