Well.. the question is what the management can do to influence the SP in the short term. They met the prospectus forecast and have got plans in place for the future. I do not think commercially they can do anything above what they have been doing. The only thing coming to my mind is directors shares buying... This would give a short term confidence to the market.
I do not think they are going to present any hype creating anns, company presentations etc. Long term game is not for everyone (I am somewhere in the middle) and unfortunately this turned to be one of those. The best option is often to cash in after the float or when the SP provides a reasonable profit and move on to the next stock. I had that opportunity with VIT which I did take advantage of.
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Last
8.3¢ |
Change
0.004(5.06%) |
Mkt cap ! $45.49M |
Open | High | Low | Value | Volume |
7.8¢ | 8.3¢ | 7.8¢ | $1.461K | 18.38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 64801 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 139174 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 64801 | 0.081 |
1 | 4432 | 0.080 |
1 | 9995 | 0.078 |
1 | 6623 | 0.077 |
2 | 51333 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 139174 | 3 |
0.087 | 2949 | 1 |
0.089 | 172714 | 2 |
0.090 | 6528 | 1 |
0.091 | 80000 | 1 |
Last trade - 11.28am 04/09/2024 (20 minute delay) ? |
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VIT (ASX) Chart |