I've taken a contrarian view too: I don't believe the current price offers enough margin of safety, if one aims to earn a worthwhile return here.
And yes, I believe the business will survive, as will the industry. But my aim as an investor is not survival of my investee businesses, it's getting an adequate risk adjusted return for my hard earned cash.
Ann: Pause in Trading, page-46
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Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.52M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89033 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 32000 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| FRM (ASX) Chart |
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