I don't think it will collapse back to where it was. It was too low a SP for their assets. As @kittyboomboom was mentioning in the other thread they make a good take over target, especially for other money lenders looking to get their products out through brick and mortar stores popular with the target market. There is still value in these prices.
However, if it does go back towards mid 20s I will be there buying once again. Rinse and repeat. It is much much safer buying lows when you are confident the stock is undervalued.
Oversold?, page-59
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Last
23.0¢ |
Change
0.010(4.55%) |
Mkt cap ! $144.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.5¢ | $126.4K | 561.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 1015969 | 16 |
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| Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
| CCV (ASX) Chart |