maybe they are reassessing their ART positions or actually comparing arts mktcap and their growth to other SaaS / mktplace companies? This stock is grossly over valued.
Based on other mktplace ASX stocks this should be valued between 40 and 75 million. Not 450 million imho.
look at Redbubble, pyg, lvt, wsp etc....
Aimo
$1 party, page-59
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Last
36.0¢ |
Change
-0.005(1.37%) |
Mkt cap ! $162.8M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.0¢ | $90.80K | 251.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5431 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 177565 | 3 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| ART (ASX) Chart |