IMO fair value is easily north of 5c by any number of assessment methods. This morning ~80M shares have been dumped and the price has held firm so far. I think that a re-rate is happening now with or without further announcements. Just need momentum to pick up again and then the FOMO crowd will jump in.
Earnings increasing & multiples expanding (Re-rate commencing), page-175
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.03M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.7¢ | $29.43K | 1.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1803303 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 534004 | 1 |
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| Last trade - 10.31am 30/09/2024 (20 minute delay) ? |
| CXZ (ASX) Chart |