sorry if that sounds a bit personal but I didnt intend it to be, you just made a big statement with no proof and what your actually saying, the market has realized and is now repricing to 'fair value'.
To anyone whose been in the market longer then a few years knows it dosnt work like that, theres no such thing as ' fair' 'value', fair value is price, even if you dont like the price and you think the markets wrong thats still fair value because 2 side are making the transaction....
thinking the shareprice will return to fair value is nonsense and i find it weird people think like that.
price is what it is, and at all times its fair...
to say there's A PRICE the stock SHOULD be valued at is totally miss leading to someone who may take what you say seriously.
chart, page-36
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Last
$2.61 |
Change
0.080(3.16%) |
Mkt cap ! $3.577B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.62 | $2.59 | $2.901M | 1.117M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 67882 | $2.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 37550 | 26 |
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| Last trade - 11.38am 19/11/2024 (20 minute delay) ? |
| PRU (ASX) Chart |