Random, the market values future prospects. I was of the same opinion as you, but have done away with basic valuation models. Look at BAL. I though it was overvalued at IPO stage for god sake. If I put my $150k on BAL then, instead on others, I be looking at $2m now!
Ann: Ceasing to be a substantial holder, page-12
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Last
$6.45 |
Change
-0.010(0.15%) |
Mkt cap ! $4.669B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.49 | $6.42 | $9.613M | 1.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1779 | $6.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.46 | 11650 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |