That is why I would not be buying back into this stock as I have mentioned before due to the lack of any compelling current earnings to justify current prices. My belief is that the only thing propping the share price above the $20 mark is retail investors hoping that sentiment will shift back.
I really would not advise purchasing this stock at this level...maybe closer to $15.
You could easily lose another 5% for every .01% drop on Dow Jones on a daily basis.
bouncing back looks good, page-19
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $376.5M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $31.77K | 1.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1025958 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 535978 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ERA (ASX) Chart |