Noting the above conversation- I thought that the SP had increased on general market sentiment- the SP was still fairly low- just higher than what it had been. There was a guest on money of mine a few months ago who said that he was quietly buying a position- but without disturbing the SP over much- I think the price was about 65c at that stage.
The market value, MV, is well below enterprise value, EV, and that situation is likely to remain the case for quite some time. The market wants a risk premium here of some substance. All IMHO.
You need the mindset and skill of a mouse that can steal cheese from a trap to do well out of this stock. Caution is the go.
The core business is sound though somewhat marginal. It is debt from legacy adventures and missteps that holds it back somewhat and is a real danger when interest rates are higher.
I could buy back if the SP keeps falling- but never to 'go all in'.
Something like that. No, not advice, not licenced to do that and certainly not skilled either.
IMHO DYOR
- Forums
- ASX - By Stock
- EHL
- Price movement
Price movement, page-4
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EHL (ASX) to my watchlist
|
|||||
Last
71.0¢ |
Change
-0.010(1.39%) |
Mkt cap ! $368.0M |
Open | High | Low | Value | Volume |
72.0¢ | 72.0¢ | 69.5¢ | $763.5K | 1.079M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30582 | 70.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.5¢ | 34187 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18774 | 0.705 |
3 | 82664 | 0.695 |
2 | 133000 | 0.690 |
1 | 14816 | 0.675 |
1 | 15000 | 0.665 |
Price($) | Vol. | No. |
---|---|---|
0.715 | 34187 | 1 |
0.720 | 28169 | 1 |
0.740 | 18018 | 2 |
0.745 | 2500 | 1 |
0.765 | 13000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
EHL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online