This is exactly why I am frustrated by E&Y's valuation. Obviously the market is saying that this stock is worth more than $0.25. The transaction should have been done at a higher price.
However, when this consolidates it will be nice to see this price over $1. If this keeps going, the price after consolidation will be well over $1. Investors pay allot more attention to a stock that is over $1 than one that is at .25.
Obviously Apollo is incentivized to raise assets and I am sure they are going to put effort into doing so. I just hope it doesn't take a year to do so. Which could be the case with institutional investors as they can move slowly through the due diligence process.
If LHP has a positive first quarter and decent net inflows, this stock could move fast.
holding on , page-37
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NGI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.67 |
Change
-0.110(6.18%) |
Mkt cap ! $816.0M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.75 | $1.67 | $592.0K | 347.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2187 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 3600 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| NGI (ASX) Chart |