Whilst I am certainly saying my morning prayers.... the 100 bag call is IMO part of the issue for the lower than deserved SP at the moment.
It will certainly bag a few times once more info on the funding of CAPEX is announced but then it WILL be de-risked and investors will certainly catch more then a few of the remaining multiple bags on the train ride up. What real difference does it make if the miss the rocket to $1.20 if the invest on the news and it goes to $25/share based on a PE of 25. I prefer PE of 15 but this is not really an issue
Still risky without funding.
Continuing with the Hail Mary's on a daily basis!
Pertinent market/industry news/articles, page-5679
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Last
47.0¢ |
Change
0.020(4.44%) |
Mkt cap ! $93.85M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 48.0¢ | 45.0¢ | $29.95K | 64.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 35000 | 1 |
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| Last trade - 15.50pm 08/10/2024 (20 minute delay) ? |
| ARL (ASX) Chart |