I am not sure why arguing here. Company current valuation as per current market share is only $350M but the book value of the company (Net assets) is around $420M. So, its clearly under value. If they go administration today and administrator sell their assets and pay off debts the net value they get is $420M. So, shareholders will get more money then by selling their shares at current price. Risk is low for investor at current prices. Its a buy for me. Anything under 40 cents is a good buy for me. I can easily see 50% gains in next 12 months even after the cap raise.
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Last
36.3¢ |
Change
-0.003(0.68%) |
Mkt cap ! $257.9M |
Open | High | Low | Value | Volume |
36.5¢ | 37.0¢ | 36.0¢ | $75.35K | 206.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 292523 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 55763 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 292523 | 0.360 |
12 | 237633 | 0.355 |
10 | 232453 | 0.350 |
5 | 34950 | 0.345 |
10 | 192757 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.365 | 64028 | 13 |
0.370 | 97991 | 10 |
0.375 | 91419 | 6 |
0.380 | 106020 | 7 |
0.385 | 66554 | 5 |
Last trade - 11.41am 15/08/2024 (20 minute delay) ? |
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