My understanding, certainly from everything I’ve read and heard the market is a forward looking discounting mechanism that projects what will happen over a 6 - 12 month time frame.
I’d be interested to know your reference that says it 5 - 10 years. Seems a little too far out.
Cheers
BW
beach is a strong buy, page-129
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Last
$1.25 |
Change
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Mkt cap ! $2.851B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 138160 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 92910 | 6 |
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| BPT (ASX) Chart |