first, Im putting my hand up and admitting that i dont know as much as i should about the BUSINESS to make a real informed opinion.
But looking at the bare basics, and reading the threads, this company 'feels' very much like a recent medical darling IMI (and I’m sure there are a couple of people here who remember how well that one went).
Considering the company have not been able to 'justify' its recent rise (after 2 requests from the ASX), and specifically noted that the company expects to make a loss at least 15% greater than pcp, what is it (other than speculation and perhaps some impressive technical indicators - which count for nothing long term) that is driving the SP?
Cheers
PIB
sour grapes, page-7
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Last
33.5¢ |
Change
-0.100(23.0%) |
Mkt cap ! $486.6M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 23.0¢ | $16.23M | 50.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 704297 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 102135 | 2 |
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