I dont know how anyone can't look at this and not think it's presently overvalued.
Great company with a great future, for sure, but if you think the market is forward looking then at current prices you would also have lower expected returns in the long run. As such, I just can't see it as a buy at all. Which makes it a good sell.
Which is why I sold out today. Am happy with my 130% return on this stock over the course of a year.
$200 Party, page-107
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Last
$204.67 |
Change
3.060(1.52%) |
Mkt cap ! $78.11B | |||
| Open | High | Low | Value | Volume |
| $201.50 | $206.00 | $201.08 | $153.1M | 750.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112 | $204.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $204.88 | 239 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |