Even though you are starting with facts, and we can anticipate that the SP will, eventually, return to something resembling fair value, market sentiment and “other factors” can keep the SP down for months, and even years.
If you’re chafed about your $0.70 stock trading around $0.40, go look at ZIM (also the ticker symbol on the NYSE), the Israeli shipping company. $4.8B in common shareholder equity, 120M shares outstanding (yes, $40/share book value), but it’s trading below $12!
We’ll get there, but it’s going to take A LOT of time and patience. Relax!
Ann: Development Projects Update - BP33 and Carlton, page-71
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Last
8.4¢ |
Change
0.001(1.20%) |
Mkt cap ! $179.5M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.5¢ | 8.3¢ | $563.0K | 6.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1076946 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 896452 | 10 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |