Bell Potter reduced its forecast to $1.12 from $1.15 on 31 December. This change was a result of applying timing changes to key events which it thought would impact revenue. The valuation is arrived at by discounting the expected cashflow from operations with an expectation that losses will turn to profits in FYE June 2017 (next year) and that this will increase in 2018. It would not be fair to disclose more except to say that the analysis is, to my mind, quite comprehensive with reasonable assumptions.
Based on this and my analysis of the process, I bought some more today at $0.635.
Bell Potter reduced its forecast to $1.12 from $1.15 on 31...
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $40.48M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.7¢ | $111.3K | 1.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43696 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 130967 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| SPL (ASX) Chart |