I don't care about the dividend, so long as they continue to grow revenue + margins.
I like their tilt towards getting their customers onto the cloud.
Therefore, this is transitioning to a cloud mining SaaS provider as well as mining technologies provider.
Which means.....higher PE multiples! It is currently trading at around 22 PE ratio. It could double in price and still be trading at a 'reasonable' multiple of 45-50.
I think given the outperformance of materials, that this could be $3 by the year's end.
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Last
$2.94 |
Change
-0.040(1.34%) |
Mkt cap ! $1.497B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.96 | $2.86 | $509.8K | 175.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 8410 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 4782 | 24 |
View Market Depth
| Last trade - 11.21am 29/07/2025 (20 minute delay) ? |
| IMD (ASX) Chart |