Last time I checked cash per share was about 6.5 cents which is why the stock has been trading around that price for a while. Unless the company can retain profitability, that is all it is worth.
I think the increase volume has to do with the outlook that HFA posted today. Maybe raised a bit more interest in hedge FOF managers? Also EFG holders cashing out on the increase in share price.
Anyway, this ones a long term hold for me. I'll be cashing out at around 30-40 cents in a couple of years.
- Forums
- ASX - By Stock
- 3.5 million crossed today
Last time I checked cash per share was about 6.5 cents which is...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EFG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online