Finch,
I looked at those numbers too. You also need to factor in the difference in market caps/shares on issue between between 2004 and now. Makes the equation look even weaker. As I said yesterday, I think it was worth buying in around 95c-$1 and waiting for a 30-40% bounce ($1.20-$1.30). I don't think it will go much higher, I hope it does though. Like you, in the medium to longer term I am very wary and don't won't to be the poor sucker having seen there shares halve (or worse) overnight. This company is very different to that of CNP and there is a chance it will be unprofitable which will bring further disaster.
GL
I am still holding and will wait to see what tomorrow morning brings.
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Last
$15.09 |
Change
-0.060(0.40%) |
Mkt cap ! $1.027B | |||
| Open | High | Low | Value | Volume |
| $15.21 | $15.23 | $14.98 | $1.641M | 108.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73 | $14.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.50 | 1974 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| CCP (ASX) Chart |