Well at even the most surface level that is not correct, because you command a huge premium for being an industry leader In a new tech space, whereas oil and resources etc is the opposite. Ever heard of a company called afterpay? Leading in a tech space, and while there are many entrants now they command huge multiples on a company not yet making profits. And of course with the square buyout: there are premiums for m&a appetite out there for techs.
Short position open to 10c, page-720
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $483.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 25.0¢ | 23.0¢ | $2.383M | 9.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338128 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 1301709 | 24 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |