Excellent post. I particularly like the last paragraph, as I woke up thinking similar. If $5.50 odd was considered a reasonable equity raise price, you'd think ithe share price would at least hold that. $5.50 being likely a minus 20-30% of the real value at this point in time? $3.50 was a general support level prior to this acquisition. So if the company was worth $3.50 as an Australian player, what's it really worth now? Very rudimentary TA, and not advice. All IMHO - DYOR.
Excellent post. I particularly like the last paragraph, as I...
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Last
$1.91 |
Change
0.085(4.66%) |
Mkt cap ! $2.417B | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.91 | $1.78 | $39.33M | 21.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14157 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 377134 | 14 |
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