One more point...
At the end of the day, and what most peeps forget, this is a business and an asset. Business and assets are valued based on certain parameters and risks. There are very academic ways to value a business and asset. The stock market always returns to the mean and/or the fair value.
It may go to 20c, 50c, or whatever... But I personally wont buy above 9c on heads because the risk vs. valuation is not justified imo.
Buy at any price u like - Just understand the red or black concept.
price target, page-19
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Last
40.5¢ |
Change
0.010(2.53%) |
Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 41.0¢ | 38.5¢ | $1.228M | 3.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 100933 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 210895 | 12 |
View Market Depth
| Last trade - 15.58pm 03/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |