Short term bounce... but that's where the bots are buying up to with lower restraints. Once their models get updated with recent data, the price is likely to move down. We saw this last few days with the fall to 4.20ish and it bounced up. The intrinsic value of NHC is below four as I see it with that quick analysis I posted earlier. The share price can't sustain current multiple deltas in the sector. .. naturally it needs to wind down.
Implosion, page-27
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Last
$4.89 |
Change
-0.020(0.41%) |
Mkt cap ! $4.133B | |||
| Open | High | Low | Value | Volume |
| $4.95 | $4.98 | $4.89 | $8.299M | 1.687M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 51093 | $4.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.90 | 18375 | 4 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| NHC (ASX) Chart |