I agree....it's ok to state it....but back it up with an expected timeline....otherwise it is just left hanging over the share price....as we have seen.
The only postive from the share price retraction is that it has been on small volume....maybe some tax loss selling....but there is very little buying interest.
The other thing that surprised me about the AGM was that there was no presentation - well no ASX release anyway.
Most AGM's do have a presentation, as an expression of acheivements and to create a mood for the year ahead.
Vmoto could have done with something given the impact that poor sentiment is having on the share price.....even if it was a regurgitation.
I'm sure Varuka would have a view on this....and I'm starting to lean more towards his views.
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12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $52.27M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $32.02K | 250.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 276029 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 120000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 276029 | 0.115 |
3 | 110000 | 0.110 |
2 | 58257 | 0.105 |
2 | 16500 | 0.100 |
1 | 15000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 120000 | 1 |
0.130 | 371018 | 3 |
0.135 | 149459 | 4 |
0.140 | 572189 | 3 |
0.145 | 49000 | 3 |
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