Kitty I hope you worry unnecessarily about a cap raise. It certainly shouldn't happen to provide funds for leasing.
Leasing capital needs to come from a financier with a big balance sheet who can issue bonds or notes at a low interest rate.
VMT would have a dogs hope in hell of getting anyone to underwrite or subscribe for ordinary shares issued for the purpose of providing capital for leasing at an attractive, to buyers, interest rate.
Re the bots.
Unless buying bought out more sellers you would only need to spend $65k to wipe all the lines presently on the screen and kick the price to 13c.
Once the black ink starts to flow we will of course , cease to be thinly traded and settle into a price range more reflective of the fundamentals.
Its hard to get in or out when trading is thin.
- Forums
- ASX - By Stock
- VMT
- VMT multibagger
VMT multibagger, page-99
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMT (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $50.18M |
Open | High | Low | Value | Volume |
11.0¢ | 12.0¢ | 11.0¢ | $9.777K | 86.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3923 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 256575 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 115000 | 0.072 |
1 | 50000 | 0.071 |
2 | 60000 | 0.070 |
1 | 15509 | 0.069 |
1 | 145671 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 80000 | 1 |
0.077 | 57665 | 1 |
0.078 | 38280 | 2 |
0.079 | 100000 | 1 |
0.080 | 219315 | 2 |
Last trade - 15.50pm 02/12/2024 (20 minute delay) ? |
Featured News
VMT (ASX) Chart |