Yeh, $10 is a long shot any time soon.
But with current grades/deposits and management, I can't see it hanging around these prices for too long.
Instos/smart money got in at the ipo, so currently I'd assume it's only retail trying to get in, which I also assume not many know too much about BRE.
With the top 20 owning so much of this company, on further results, I can't see this hanging around these prices for too long. And like yourself, I think $3-$4 is fair value for this year.
But no reason by the end of the decade this couldn't be at $10.
I haven't been this excited for a company in a while.
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Last
$2.91 |
Change
0.090(3.19%) |
Mkt cap ! $261.5M |
Open | High | Low | Value | Volume |
$2.88 | $2.94 | $2.80 | $179.1K | 62.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2863 | $2.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.95 | 11541 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2863 | 2.910 |
3 | 2516 | 2.900 |
5 | 4256 | 2.890 |
8 | 11176 | 2.880 |
1 | 1350 | 2.870 |
Price($) | Vol. | No. |
---|---|---|
2.950 | 10696 | 10 |
2.960 | 304 | 2 |
2.970 | 3838 | 1 |
2.990 | 768 | 2 |
3.000 | 12842 | 2 |
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