I think it be in the 70's for a while. For me that announcement was below expectations.
The future for the company is bright, but the growth needs to continue. Companies like this need to have their valuations discounted due to time value of money and execution risk at $1 there is no discount.
Currently this is surely overpriced but it will be worth >$1 within the year.
PPS amongst Bell Potters top picks for 2018, page-41
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Last
62.0¢ |
Change
-0.015(2.36%) |
Mkt cap ! $297.4M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 63.5¢ | 62.0¢ | $260.0K | 411.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8219 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 43718 | 4 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| PPS (ASX) Chart |