VYS 0.00% 37.5¢ vysarn limited

The way I see it, we may be nearing the bottom of the share...

  1. 811 Posts.
    lightbulb Created with Sketch. 590
    The way I see it, we may be nearing the bottom of the share price free fall, with little selling below the 8c mark, (but note also little buying above).

    I bought a few today after weighing up the risk V reward.

    There can always be additional selling pressure come at any time, but I feel that there cant be much more negative information come out.

    I think we have already factored in the following -
    Rising AL80 stockpiles
    Filter delays
    CEO change
    US expansion delays
    News of questionable financial dealings by previous directors

    The potential positives coming are -
    The filter commissioning hopefully by end Oct.
    Plant throughput increased to 1000+ tons (subject to filter)
    Potential news of meaningful AL80 contracts.
    Continued profitable quarterlies.
    Agreement with FR re process ownership
    Landfill commencement
    AGM presentation

    Anything I have missed in either box that we need to consider?
    Company is now trading at around book value, with little to no forward looking potential factored in.

    Have we seen the bottom in terms of the SP, and is the risk reward now favouring the upside?

    IMO it is.
 
watchlist Created with Sketch. Add VYS (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
0.000(0.00%)
Mkt cap ! $156.9M
Open High Low Value Volume
38.0¢ 39.5¢ 37.5¢ $105.9K 276.9K

Buyers (Bids)

No. Vol. Price($)
1 40842 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 11787 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
VYS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.