Interested in buying like you said
But the valuation is too rich like you said, though my main issue is not with valuation but negative cashflow. This is a high growth business and is far far far cheaper than the tulip dotcom bubble nxt, the valuation for MP1 is acceptable for me if they weren't burning cash.
Ann: Global Update - Investor Presentation, page-41
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Last
$11.14 |
Change
0.080(0.72%) |
Mkt cap ! $1.776B | |||
| Open | High | Low | Value | Volume |
| $11.00 | $11.20 | $10.92 | $17.12M | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $11.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.15 | 782 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |