My best guest is that share price is hostage to revised interest rate predictions. Higher interest rate early on will result in investors requiring a greater risk premium and greater discount of future cash flows in DCF models. For what it is worth, I'll be looking to buy more at these levels as funds become available to me.
Best wishes for successful investing.
History can repeat itself, page-20
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Last
58.5¢ |
Change
-0.015(2.50%) |
Mkt cap ! $141.1M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 57.0¢ | $124.7K | 214.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33371 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 7264 | 1 |
View Market Depth
| Last trade - 15.55pm 18/07/2024 (20 minute delay) ? |
| M7T (ASX) Chart |