VIP 0.00% 0.3¢ vip gloves ltd

VIP makes record profit of $3.64m in Q3 2020, page-53

  1. 42 Posts.
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    Yes, from the patterns I'm observing (all the sells have been ridiculously low with very low volume), they're just trying to get dumb sellers to sell shares at low prices to them. It'll continue on unless there's another big buyer who comes in to call their bluff. I'm going to keep on accumulating at this low, low price.

    3X ASP means they're around USD 60/1000 pieces now (old price pre-Covid was maybe around 20) which confirms that the charts are indeed accurate.

    At USD 60/1000 pieces (or ~AUD83/1000 pieces), at 1 billion pieces annualized (where they're heading with current expansion plans) this would be a future revenue of A$83 million per year with a market cap of A$60 million now lol....

 
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