You know an interesting thing is that all of the macro and micro economics, fundamentals etc are all contained in the SP.
The current valuation is what it is given all of these factors as this is the price that the market values the company at with all of these factors as a given.
Fiscal cliff, RE prices, production, protests, market price for basket etc.
Everything is factored into one single piece of information - the shareprice.
The SP contains every single piece of information available and breaks it down to a single factor - value of the company given everything that is going on.
Currently 62c. If it was worth more then someone would pay more, less and they would pay less.
Something to think about hey.
2013, the adventure begins., page-22
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Last
$7.78 |
Change
0.060(0.78%) |
Mkt cap ! $7.206B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $6.890M | 897.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1293 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 4668 | 20 |
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| Last trade - 15.23pm 11/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |