this is really all determined by your valuation of the company. Sure - tech companies do not make significant profit AT FIRST. This is what happens when you mix the cons of retail with the cons of financing purchases.
If you are a long term investor then the CURRENT stock price / daily movements of the charts should not impact your investing decision. My opinion personally is that this is wildly over valued and that the price will correct - however this has no bearing on the long term outlook of the company.
correction?, page-5
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Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $2.894B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.26 | $2.12 | $39.40M | 17.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55449 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 136951 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |