Fundamentals are the king and the sp always will adjust sooner or later. Yesterday some chart users predicted a sp fall as 3.6c did not got hit. Today 4.1c close, evidence for a rerating based on the performance rather than on a graph.
Let's see if the momentum gets carried over into next week but as I said months ago, there must be fools at the helm to stuff this huge opportunity up.
The management team did a great job switching from petrol to e-scooters, recognising the shift worldwide.
Todays buying power could have come from traders but I am convinced bigger forces have positioned themselves here.
GL to all and enjoy a sp above 4c.
Fundamentals are the king and the sp always will adjust sooner...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $93.69K | 851.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 468317 | 2 |
View Market Depth
| Last trade - 15.56pm 13/11/2024 (20 minute delay) ? |
| VMT (ASX) Chart |