Yes, that is the problem if you look at the current Price vs what it Was... it looks like the Price gain has already occurred, and surely cannot keep going up.
But time and again Fundamentals come into play and push the price to where it Should be.
with the possibility of it being 10x-50x multiple of where it is now within 2-4 years... that sure beats the opportunity on say a Mining company who needs to spend half a billion dollars just to 3bag...
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $281.2M |
Open | High | Low | Value | Volume |
$1.69 | $1.69 | $1.64 | $50.53K | 30.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 539 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.69 | 731 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7485 | 1.645 |
3 | 21571 | 1.630 |
2 | 4687 | 1.600 |
3 | 2932 | 1.580 |
1 | 636 | 1.570 |
Price($) | Vol. | No. |
---|---|---|
1.685 | 731 | 1 |
1.690 | 2316 | 1 |
1.735 | 3313 | 1 |
1.750 | 9500 | 2 |
1.770 | 2650 | 1 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
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RAC (ASX) Chart |