If you thought 1PG not worthy $1.2 just after few months sold at $4?
Wonder what was the reasoning of holding up to $4?
If the company was so bad, would be sold at $3, $2 or less.
1PG share price did get ahead of its performance which is quite common that lead to turn into bearish at that time from me.
But at current price, I strongly believe it will bounce hard.
If they did not push price low enough, they would not be able to get millions of shares at such price, that’s just a part of the game. They'll lift price and the retails turns positive, they'll take profit, this has been happening all the time.
For BRN, I have a similar view as PSY while it was hyped over 50c, BRN has E/V of $147m which is higher than 1PG, with no revenue and still at very early-stage, as you have access of broker data, i have no idea why BRN would have a higher valuation than 1PG.
That's probably where the opportunity arises.
All imo.
- Forums
- ASX - By Stock
- 1PG
- TA Perspective
TA Perspective, page-62
-
- There are more pages in this discussion • 278 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 1PG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online