The way they usually sell is dump for one or two days and then wait for the market to recover a little before dumping again.
I think the dumping the past few days is them but wouldn't be surprised to see them stay out of the market for a few days.
In regards to their profit forcast it's true Sanity is suffering but your not just buying next years profits, your buying the entire life time of profits. A PE of 6 on lowered forecast is really pricing in the worst.
How low can it go? Nothing stopping it going to a PE of 4 or 5 but those price levels are just not sustainable. It must go higher in the medium term.
Anyhow, an incredible stock to watch the past few weeks.
- Forums
- ASX - By Stock
- BRZ
- how low can it go??
BRZ
brazin limited
how low can it go??, page-6
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online