Mac bank was the underwriter so the research is bound to be positive . I think for me the positive is they broke even in April . If they can get through the next 2-3 months and maintain cash, then as the economy picks up they will rerate. I am not sure about a multi bagger, but should trade into the 20s comfortably so 30-50-% low risk upside within 3- 12 months
does feel like it want to go higher - if the US behaves tonight 17- 18c tomorrow
testing 20c soon, page-30
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Last
52.0¢ |
Change
0.005(0.97%) |
Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 51.5¢ | $62.76K | 121.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 92 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 18895 | 8 |
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| Last trade - 12.18pm 04/11/2024 (20 minute delay) ? |
| SXL (ASX) Chart |