To quote the greatest investor, W.Buffett "You dine out on other's fears". This stock has fallen from a M.A of $2.10 to $1.25 on a statement saying they will ONLY increase profits by $1.5 mln to about $27 mln. The only reason for this way overdone collapse in SP is purely because it was on a P/E of 22, now it's at a reasonable P/E of 15.
I just love the posts on here slagging the company. Is that because it has no Lithium/gold or rare earth!?
This stock will hit my initial target of $1.60 as this is where the Mum and Dad's panicked, remember "Nature abhors a vacuum". i.e it will fill the gap.
Incidentally, Colonial/ CBA bought truck loads yesterday around $1.30. 'Nuf said!
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Last
$3.37 |
Change
-0.030(0.88%) |
Mkt cap ! $770.5M | |||
| Open | High | Low | Value | Volume |
| $3.40 | $3.45 | $3.35 | $207.1K | 61.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 954 | $3.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 800 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| BLX (ASX) Chart |