The management did stuff up big time but they did outline plans to achieve higher profitability in future years.
I bought this stock with the belief that Fed can't hike rates more than 3% so Gold, Silver and copper are unlikely to fall below the estimate outlined in the business update plus they MAY continue to rise gradually.
I got lucky by getting out of this stock at $4. So I'm not going to claim to be an expert here but i do like the fact that the management did try to expand this company, which is evident by the EH deal.
Like I said we'll find out whether $2.3 is a bargain in 12 months, which is just time time for 50% discount on CGT.
GLTAHs & Always DYOR
EVN chart, page-2916
-
- There are more pages in this discussion • 662 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.93 |
Change
-0.030(0.76%) |
Mkt cap ! $7.804B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $4.00 | $3.89 | $40.13M | 10.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1318 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 133694 | 7 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |